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:

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.

Sambhv steel tubes has announced a temporary closure of certain facilities at its manufacturing unit located in Sarora, Tilda, Raipur for scheduled maintenance activities. The company informed stock exchanges on April 30, 2026 about the planned maintenance under Regulation 30 of SEBI listing regulations.

Maintenance Schedule and Affected Facilities

The temporary closure is scheduled from May 1, 2026 to May 15, 2026, covering an estimated period of 15 days. During this maintenance window, specific facilities at the Raipur unit will remain temporarily non-operational.

Purpose and Operational Impact

The company is undertaking this planned maintenance as part of its normal operational activities with the objective of enhancing efficiency and ensuring long-term sustainability of operations. The maintenance is temporary in nature, and Sambhv Steel Tubes has made adequate arrangements to manage operations during this period.

To minimize disruption, the company has maintained sufficient inventory to meet its operational requirements throughout the maintenance period. This proactive approach demonstrates the company's commitment to maintaining service levels while conducting necessary facility upgrades.

Financial Context

As per the regulatory disclosure, the company reported a net worth of 4,960.46 million as of March 31, 2025. The company noted that it does not maintain accounts on a division-wise basis, making specific revenue attribution for the affected facilities not applicable.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure ensures transparency with stakeholders regarding temporary operational changes that could impact the company's manufacturing capabilities during the specified period.