Sambhv Steel Tubes AVP Mayank Agrawal Resigns Effective May 31, 2026
Sambhv Steel Tubes Limited disclosed the resignation of Mr. Mayank Agrawal, AVP – CEO's Office & Investor Relations, tendered on May 9, 2026, and effective May 31, 2026. The resignation, citing professional growth opportunities, was accepted on the same day and filed under SEBI Regulation 30 by Company Secretary Mr. Niraj Shrivastava.
*this image is generated using AI for illustrative purposes only.
Sambhv Steel Tubes Limited has informed the stock exchanges of the resignation of Mr. Mayank Agrawal from his position as Assistant Vice President – CEO's Office and Investor Relations, a designated Senior Management Personnel of the company. The resignation was tendered on May 9, 2026, and has been accepted by the management on the same date. The disclosure was made pursuant to Regulation 30 read with clause 7C of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Resignation Details
Mr. Agrawal cited the pursuit of professional growth opportunities as the sole reason for his departure. In his resignation letter addressed to Mr. Vikas Kumar Goyal, MD & CEO of the company, he confirmed that there are no other material reasons for the resignation beyond those stated. He also expressed gratitude to the Board of Directors and management for the support extended during his tenure.
The key details of the personnel change, as disclosed under the applicable SEBI regulations, are summarised below:
| Parameter: | Details |
|---|---|
| Name: | Mr. Mayank Agrawal |
| Designation: | AVP – CEO's Office & Investor Relations |
| Reason for Change: | Resignation to pursue professional growth opportunities |
| Date of Resignation: | May 9, 2026 |
| Effective Date of Cessation: | May 31, 2026 |
| Brief Profile (Appointment): | Not Applicable |
| Relationship Disclosure: | Not Applicable |
Regulatory Compliance
The intimation was filed in accordance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The filing was signed and submitted by Mr. Niraj Shrivastava, Company Secretary and Compliance Officer (Membership No. F8459), on behalf of Sambhv Steel Tubes Limited. The company is headquartered at 501-511, 5th Floor, Harshit Corporate, Amanaka G.E Road, Raipur, Chhattisgarh, with manufacturing units located at Sarora and Kuthrel, Tilda, Raipur.
Historical Stock Returns for Sambhv Steel Tubes
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.34% | +8.78% | +13.02% | +6.20% | +32.32% | +32.32% |
How might the vacancy in the AVP – Investor Relations role impact Sambhv Steel Tubes' communication with institutional investors and analyst coverage in the near term?
Will Sambhv Steel Tubes look to hire an external candidate or promote internally to fill the critical investor relations position, and what timeline can stakeholders expect?
Could this leadership change in the CEO's Office signal any broader strategic shifts or restructuring underway at Sambhv Steel Tubes under MD & CEO Vikas Kumar Goyal?
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