Tamilnadu Steel Tubes Board Approves Unaudited Financials

Tamilnadu Steel Tubes Ltd held its 2nd Board of Directors meeting on August 14, 2026. The board approved the Unaudited Financial Results for the quarter ended June 30, 2026, along with the Auditors' Report. Key decisions included the approval of the Internal Audit Report, noting the appointment of Cost Auditors for FY 2026-27, and reviewing the tenure completion of an Independent Director. The board also approved the draft notice for the 47th AGM, scheduled for September 16, 2026, and the Directors' Report for FYE March 31, 2026. Other discussions involved a proposal for solar panel power purchase, lease of factory land, sale of an old car, and a GST show cause notice. The board also approved an increase in the OD facility loan from ₹13 crores to ₹16 crores.