Shree Marutinandan Tubes Ltd

Shree Marutinandan Tubes Ltd has announced its 13th Annual General Meeting (AGM) scheduled for Wednesday, September 23, 2026, at 11:30 AM IST. The meeting will be conducted via Video Conferencing/Other Audio Visual Means (VC/OAVM) in compliance with Ministry of Corporate Affairs (MCA) and SEBI circulars. The company has also enclosed the AGM Notice and the Annual Report for the financial year 2025-26. Both documents are being sent via email to members with registered email addresses and a web-link will be sent to others. The AGM Notice and Annual Report are also available on the company's website (www.shreemarutitubes.com) and BSE India's website (www.bseindia.com). The report includes standalone and consolidated financial statements for the year ended March 31, 2026.

Shree Marutinandan Tubes Ltd has released its Annual Report for the financial year 2025-26 and the Notice for its 13th Annual General Meeting (AGM). The AGM is scheduled for September 23, 2026, and will be conducted via Video Conferencing/Other Audio Visual Means (VC/OAVM) in compliance with relevant MCA and SEBI circulars. The report includes standalone and consolidated financial statements for FY 2025-26, directors' report, management discussion and analysis, and audit reports. The documents are available on the company's website and the BSE India website.

Shree Marutinandan Tubes Limited has secured a significant work order valued at approximately ₹1.10 Crore (Rs. 1,09,99,940/- excluding GST) from GS PEB & Civil Works Pvt. Ltd. The order is for the supply and installation of sanitary fixtures at Auric Bidkin, Chhatrapati Sambhajinagar, Maharashtra. The project is expected to be completed within 1.5 months from the commencement date, followed by an 18-month defect liability period. This contract falls within the ordinary course of the company's business and is with a domestic entity.

Shree Marutinandan Tubes Limited has received a material purchase order from S M Techno Consultants Private Limited on August 10, 2026. The order, valued at approximately ₹0.2595 Crore (₹25,95,410) including GST, is for the supply of IT and networking equipment. This includes items like a 42U equipment rack, NTP server, various network switches, a KVM switch, workstation client PCs, and indoor wall/pole mount racks for an HP Server set-up. The delivery location is Maharana Pratap Airport, Udaipur, and the order is to be executed within one month. Payment terms are 30 days from delivery. The company confirmed this is in the ordinary course of business, a domestic order, and not a related party transaction.

Shree Marutinandan Tubes Ltd announced that its Board of Directors, in a meeting held on August 5, 2026, approved the resignations of Mr. Vikram Shivrattan Sharma from Managing Director and Mr. Bharat Shivratan Sharma from Whole-time Director, both effective August 5, 2026. Concurrently, Mr. Vikram Shivrattan Sharma has been appointed as Additional Director (Executive), designated as Chairman & Whole-time Director and Key Managerial Personnel, effective August 6, 2026, for a five-year term. Mr. Bharat Shivratan Sharma has been appointed as Additional Director (Executive), designated as Managing Director and Key Managerial Personnel, also effective August 6, 2026, for a five-year term. These appointments are based on the Nomination and Remuneration Committee's recommendation and are subject to shareholder approval. The board meeting took place from 3:00 p.m. to 4:00 p.m.

Shree Marutinandan Tubes Ltd announced that its Board of Directors, in a meeting held on August 5, 2026, approved the resignations of Mr. Vikram Shivrattan Sharma from Managing Director and Mr. Bharat Shivratan Sharma from Whole-time Director, both effective August 5, 2026. Concurrently, the board approved the appointment of Mr. Vikram Shivrattan Sharma as Additional Director (Executive), Chairman & Whole-time Director, and Mr. Bharat Shivratan Sharma as Additional Director (Executive) and Managing Director. Both appointments are effective August 6, 2026, for a term of five years, subject to member approval. These changes are part of a proposed restructuring of key management roles within the company.

Shree Marutinandan Tubes Ltd announced that its Board of Directors has approved a change in the company's name to Shree Marutinandan Industries Limited. This decision is subject to shareholder approval and other necessary regulatory clearances. The change also necessitates consequential alterations to the company's Memorandum of Association and Articles of Association. The board meeting where this resolution was passed took place on August 5, 2026.

Shree Marutinandan Tubes Ltd announced that its Board of Directors, in a meeting held on August 5, 2026, approved the resignations of Mr. Vikram Shivrattan Sharma from Managing Director and Mr. Bharat Shivratan Sharma from Whole-time Director, both effective August 5, 2026. Concurrently, the board approved the appointment of Mr. Vikram Shivrattan Sharma as Additional Director (Executive), Chairman & Whole-time Director, and Mr. Bharat Shivratan Sharma as Additional Director (Executive) and Managing Director. Both appointments are effective August 6, 2026, for a term of five years, subject to member approval. These changes are part of a proposed restructuring of key management roles within the company.

Shree Marutinandan Tubes Limited has been awarded a significant purchase order valued at approximately ₹0.7617 Crore (Rs. 76,16,620/-) including GST. The order, received on June 23rd, 2026, from Mehta & Associates Fire Protection Systems Pvt Ltd, is for the execution of fire fighting work at the POWERGRID Kurnool Transmission Limited project in Andhra Pradesh. The scope includes the design, supply, testing, erection, and commissioning of a Hydrant System, Fire Detection & Alarm System, and HVWS System. The delivery date is set for December 30th, 2026. Payment terms are structured with 25% advance, 25% on dispatch, 25% on erection completion, and 25% after 30 days of invoice. The order falls within the ordinary course of business and is awarded by a domestic entity.

Shree Marutinandan Tubes Ltd has secured a significant work order from Value Fashion Retail Limited, an entity within the Arvind group. The order, valued at approximately ₹2.2444 Crore (including GST), is for the execution of plumbing, compressed air, steam, and condensate piping work at the Arvind site. The project is scheduled for completion by July 23, 2026, followed by a 6-month warranty and a 12-month defect liability period. Key terms include DAP (Arvind Site) INCOTERM, with 95% payment within 30 days and 5% retention. Liquidated damages are capped at 5% of the contract value.