Sambhv Steel Tubes VP Marketing & Communications Submits Resignation Due to Personal Reasons

1 min read     Updated on 08 Jan 2026, 07:02 PM
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Reviewed by
Radhika SScanX News Team
Overview

Sambhv Steel Tubes Limited announced the resignation of Mr. Prashant Sharma, Vice President - Marketing & Communications, effective February 7, 2026, due to personal reasons. The resignation was submitted and accepted on January 8, 2026, with a one-month notice period for smooth transition. The company disclosed this senior management change in compliance with SEBI regulations.

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Sambhv Steel Tubes Limited has announced a senior management change with the resignation of its Vice President - Marketing & Communications. The company disclosed this development to stock exchanges on January 8, 2026, in compliance with regulatory requirements.

Key Details of the Resignation

Mr. Prashant Sharma, who served as Vice President - Marketing & Communications, submitted his resignation on January 8, 2026, citing personal reasons. The company management accepted his resignation on the same day.

Parameter: Details
Resignation Date: January 8, 2026
Effective Date: February 7, 2026
Notice Period: One month
Reason: Personal reasons
Position: Vice President - Marketing & Communications

Regulatory Compliance and Documentation

The announcement 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. The company provided comprehensive details as required under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Transition Arrangements

Mr. Sharma's resignation will become effective from the close of business hours on February 7, 2026. In his resignation letter, he expressed gratitude for the trust and guidance received during his tenure and committed to ensuring a seamless transition during the one-month handover period.

The resignation letter highlighted his appreciation for working under the leadership of MD & CEO Mr. Vikas Kumar Goyal and contributing to Sambhv Steel's growth journey. He emphasized his commitment to extending full support during the handover period to ensure smooth continuity of responsibilities.

Company Secretary's Role

The disclosure was signed by Niraj Shrivastava, Company Secretary and Compliance Officer (Membership No. F8459), who formally communicated the resignation details to both NSE and BSE. The company has requested the stock exchanges to take this information on record as per standard regulatory procedures.

Historical Stock Returns for Sambhv Steel Tubes

1 Day5 Days1 Month6 Months1 Year5 Years
-4.09%+0.83%-8.56%-31.92%-10.90%-10.90%

Sambhv Steel Tubes Reports Record Q3 Sales Volume with 34% Year-on-Year Growth

1 min read     Updated on 02 Jan 2026, 11:50 AM
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Reviewed by
Naman SScanX News Team
Overview

Sambhv Steel Tubes reported record sales volume of 97,472 tonnes for value-added products in Q3, representing a strong 34.32% increase from 72,559 tonnes in the same quarter of the previous year. This significant growth of nearly 25,000 additional tonnes demonstrates the company's enhanced production capabilities and successful market expansion in the steel pipes and tubes sector.

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Sambhv Steel Tubes has delivered impressive operational results in the third quarter, reporting record sales volumes that demonstrate strong market performance and operational efficiency.

Record Sales Performance

The company achieved remarkable growth in its value-added products segment during Q3, with sales volumes reaching new heights. The performance reflects the company's strategic focus on higher-margin products and successful market penetration.

Performance Metric: Q3 Current Year Q3 Previous Year Growth (%)
Value-Added Products Sales Volume: 97,472 tonnes 72,559 tonnes +34.32%

Strong Operational Growth

The 34.32% year-on-year increase in sales volume represents a significant milestone for the steel pipes and tubes manufacturer. The growth of nearly 25,000 tonnes in additional sales volume demonstrates the company's enhanced production capabilities and successful market expansion strategies.

This performance indicates robust demand for the company's specialized products in the steel sector. The focus on value-added products appears to be yielding positive results, with the company successfully scaling its operations to meet market requirements.

Market Position Strengthening

The record sales volume achievement positions Sambhv Steel Tubes favorably within the competitive steel pipes and tubes industry. The substantial growth trajectory suggests effective operational management and strong customer relationships that have enabled the company to capture increased market share.

The company's ability to deliver such significant volume growth while maintaining focus on value-added products indicates a well-executed business strategy that balances operational efficiency with product quality and market positioning.

Historical Stock Returns for Sambhv Steel Tubes

1 Day5 Days1 Month6 Months1 Year5 Years
-4.09%+0.83%-8.56%-31.92%-10.90%-10.90%

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1 Year Returns:-10.90%