Sambhv Steel Tubes Limited shareholders adopted the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, during its ninth annual general meeting.

The meeting, held on September 10, 2026, via video conferencing and other audio-visual means, also saw the reappointment of Suresh Kumar Goyal as Chairman and Managing Director. He retires by rotation and offered himself for re-election, which was approved as an ordinary resolution.

Meeting Proceedings

Suresh Kumar Goyal chaired the proceedings, which commenced at 11:30 am and concluded at 12:34 pm. The requisite quorum was present, comprising 60 members in total, including five from the promoter group and 55 from the public category.

Key management personnel and independent directors attended through various modes. Vikas Kumar Goyal, Managing Director and CEO, and Bhavesh Khetan, Executive Director and COO, participated via video conference. Independent directors Manoj Khetan, Nidhi Thakkar, Sarbesh Kumar Das, and Sharad Chandak also joined remotely.

Resolutions Passed

Shareholders approved four ordinary resolutions during the meeting:

• Adoption of audited standalone financial statements for FY26 along with the Board’s Report and Auditors’ Report.
• Adoption of audited consolidated financial statements for FY26 along with the Auditors’ Report.
• Reappointment of Suresh Kumar Goyal as a director retiring by rotation.
• Ratification of the remuneration of the Cost Auditor.

Governance and Compliance

The statutory registers and relevant documents were available for electronic inspection via the KFin Technologies Limited e-voting system. Remote e-voting was conducted from September 7 to September 9, 2026. Members attending the meeting who had not voted remotely used the Instapoll facility.

Rohtash Kumar Agrawal of M/s. Rohtash Agrawal & Co served as the scrutinizer. The consolidated voting results and scrutinizer’s report will be published on the company’s website and intimated to stock exchanges within the statutory timeframe.

The reports of the statutory auditor, S S Kothari Mehta & Co LLP, and the secretarial auditor, Agrawal & Agrawal, contained no qualifications or adverse remarks.

Sambhv Steel Tubes Limited has received environmental clearance for its proposed Unit-3 expansion project located in Village Sarora, Tehsil Tilda, District Raipur, Chhattisgarh. The Ministry of Environment, Forest and Climate Change (MoEF&CC) granted the clearance on August 11, 2026, under the provisions of the EIA Notification, 2006, as amended.

The approval is critical for the implementation of a greenfield project that includes the production of ferro alloys through four submerged arc furnaces (SAF), each rated at 18 MVA, alongside a 60 MW fluidised bed combustion (FBC)-based captive power plant (CPP). The project falls under Category “A” of the EIA Notification, specifically Schedule 3(a) for metallurgical industries and Schedule 1(d) for thermal power plants.

Project Details and Investment

The environmental clearance constitutes a prior regulatory requirement for the project, which was initially approved by the company’s Board of Directors in a meeting held on May 9, 2026. The Board had sanctioned the setting up of a 30 MW captive power plant with a proposed investment of ₹1,500 million. The current clearance expands the scope to include ferro alloy production and increases the captive power capacity to 60 MW.

The clearance is subject to specific and general conditions stipulated by the MoEF&CC and other applicable statutory approvals. The EC letter does not state a separate fixed validity period but remains valid subject to the provisions of the EIA Notification, 2006, as amended.

Regulatory Compliance

This disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also provided additional disclosures as required under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, regarding the granting of key licenses or regulatory approvals. The full disclosure is available on the company’s website.