Sambhv Steel Tubes Ltd has secured shareholder approval for key board appointments and remuneration revisions through a remote e-voting process that concluded on July 10, 2026. The resolutions, which included the appointment of a new Executive Director and the elevation of the Chairman and Managing Director, were passed with the requisite majority. The voting process was scrutinized by Rohtash Kumar Agrawal, Proprietor of M/s Rohtash Agrawal & Co., who confirmed the results in a report dated July 14, 2026.

Voting Results Summary

The postal ballot sought approval for four special resolutions. The first resolution appointed Mr. Bikash Agrawal (DIN: 09231728) as an Executive Director. The second resolution approved the change in designation and appointment of Mr. Suresh Kumar Goyal (DIN: 00318141) as Chairman and Managing Director. The third and fourth resolutions concerned the revision of remuneration for Executive Directors Mr. Saurabh Patil (DIN: 11265825) and Mr. Bhavesh Khetan (DIN: 10249740), respectively.

Detailed Voting Breakdown

The remote e-voting process commenced on June 11, 2026, and ended on July 10, 2026. A total of 193,086,363 votes were polled across all resolutions, representing approximately 65.53% of the total outstanding shares. The table below summarizes the voting results for the four resolutions:

Shareholder Participation

The voting rights were reckoned as on June 05, 2026, which served as the cut-off date. There were 71,798 shareholders on record as of this date. The Promoter and Promoter Group cast 157,665,630 votes in favour of all resolutions. Public Institutional shareholders cast 8,489,874 votes, while Public Non-Institutional shareholders cast 26,930,859 votes. The votes were unblocked on July 10, 2026, at 6:47 p.m. in the presence of witnesses Rohit Sharma and Satish Gupta.

Regulatory Compliance

The results were disclosed in compliance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 108 of the Companies Act, 2013. KFin Technologies Limited acted as the Registrar and Transfer Agent for the e-voting process. The Scrutinizer's Report confirmed that all resolutions were passed in a fair and transparent manner.

Sambhv Steel Tubes Limited disclosed that its promoters and promoter group did not encumber any shares during the financial year 2025-26, except for Archana Goyal, a public shareholder classified as a Person Acting in Concert (PAC), who pledged 1,75,71,760 shares. The declaration, submitted by Promoter Sheetal Goyal on behalf of the promoter group and PACs, was addressed to the Listing Compliance Departments of BSE Limited and the National Stock Exchange of India Limited on April 09, 2026. This disclosure is crucial for shareholders as it indicates the leverage and financial stability of the company's key stakeholders.

The filing was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This regulation mandates promoters to declare the status of share encumbrances at the end of each financial year. The communication confirms that the promoter group maintained a clean slate regarding share pledges throughout the period, with the specific exception noted.

Promoter and Promoter Group Details

The disclosure includes a comprehensive list of individuals and entities forming the promoter and promoter group of Sambhv Steel Tubes Limited as of March 31, 2026. The list categorizes members into Promoters, Promoter Group entities, and PACs, comprising family members, private limited companies, HUFs, and trusts.

Shareholding Structure

The following table outlines the categorization of the key entities associated with the company: