Sambhv Steel Tubes Limited has successfully completed its postal ballot process, with shareholders overwhelmingly approving the appointment of Mr. Sharad Chandak as an Independent Director of the company. The remote e-voting process concluded on March 21, 2026, with the scrutinizer's report confirming the resolution was passed with requisite majority.

Voting Process and Timeline

The postal ballot process was conducted entirely through remote e-voting, commencing on February 19, 2026 at 9:00 a.m. (IST) and concluding on March 21, 2026 at 5:00 p.m. (IST). The cut-off date for determining shareholder eligibility was February 13, 2026, with a total of 73349 shareholders on record.

Voting Results and Shareholder Participation

The resolution to approve Mr. Sharad Chandak's appointment as Independent Director received exceptional support from shareholders across all categories. The voting demonstrated strong confidence in the proposed appointment, with minimal opposition from public non-institutional shareholders.

Resolution Details and Approval

The special resolution sought approval for the appointment of Mr. Sharad Chandak (DIN: 11100096) as an Independent Director of the company. The resolution achieved 99.99% approval rate among votes polled, with only 0.01% votes against the proposal.

Key highlights of the voting outcome include:

• Total votes polled: 177959254 representing 60.39% of total shares
• Votes in favor: 177956616 (99.99%)
• Votes against: 2638 (0.01%)
• No invalid votes recorded across any category

Scrutinizer's Report and Compliance

Mr. Rohtash Kumar Agrawal, Proprietor of M/s Rohtash Agrawal & Co., Practicing Company Secretary (Membership No. FCS 5537, COP No. 4015), served as the appointed scrutinizer for the postal ballot process. His report dated March 23, 2026 confirmed that the voting was conducted in a fair and transparent manner in compliance with applicable regulations.

The scrutinizer's report was prepared pursuant to Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014. The votes were unblocked on March 21, 2026 at 5:16 p.m. in the presence of two independent witnesses, Rohit Sharma and Satish Gupta.

Regulatory Compliance and Disclosure

The company has fulfilled its disclosure obligations under Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The voting results and scrutinizer's report have been submitted to both BSE Limited and National Stock Exchange of India Limited on March 23, 2026, and will be hosted on the company's website at https://www.sambhv.com/investor-information.php for stakeholder access.

Sambhv steel tubes Limited has announced a scheduled analyst and institutional investor meeting at its Raipur facilities, as disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

The company has organized a comprehensive site visit for analysts and institutional investors, providing them with an opportunity to examine the company's operational facilities firsthand.

Participating Organizations

Two key financial entities will participate in the facility visit:

• Svan Investments
• HPMG shares and securities

The extended eight-hour duration of the meeting indicates a comprehensive facility tour and detailed discussions about the company's operations and business prospects.

Regulatory Compliance

Sambhv Steel Tubes Limited has emphasized its commitment to regulatory compliance by clearly stating that no Unpublished Price Sensitive Information (UPSI) will be shared during the investor meeting. This disclosure ensures adherence to SEBI guidelines regarding information sharing with analysts and institutional investors.

The company has also noted that the meeting schedule remains subject to change due to potential exigencies from the investor, broking house, or company side, providing necessary flexibility for all participating parties.

Corporate Communication

The announcement was formally communicated to both the National Stock Exchange of India Limited and BSE Limited on March 17, 2026, by Company Secretary and Compliance Officer Niraj Shrivastava, ensuring proper regulatory disclosure and transparency with stakeholders.