Quarterly Result9 May 2026, 04:51 pm
Sambhv Steel Tubes: FY26 Financial Results Approved
AI Summary
Sambhv Steel Tubes Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board also approved an expansion of the Pipe Mill Complex, adding a production capacity of 150,000 Metric Tons Per Annum, and setting up an additional 30 Megawatt Power Plant. Several management changes were also approved, including appointments and re-designations of directors and senior management personnel. The board also approved the appointment of Internal and Cost Auditors for FY 2026-27.
Key Highlights
- Audited standalone and consolidated financial results for FY26 approved.
- Expansion of Pipe Mill Complex approved, adding 150,000 MTPA capacity.
- Appointment of Mr. Bikash Agrawal as Additional Executive Director.
- Re-designation of Mr. Suresh Kumar Goyal to Chairman cum Managing Director.
- Appointment of M/S Agrawal Jain & Co as Internal Auditor for FY27.