Sambhv Steel Tubes Invests Rs 7.52 Crore in Vajra Alloys for 15% Stake

Sambhv Steel Tubes has formalized its strategic investment in Vajra Alloys Private Limited, committing Rs 7.52 crore to acquire a 15% equity stake through preferential share allotment. The company announced the completion of a Share Subscription and Shareholders' Agreement with Vajra Alloys on March 31, 2026, as disclosed in its regulatory filing under Regulation 30 of SEBI Listing Regulations.

Investment Structure and Details

The investment will be executed through the acquisition of 18,507 equity shares at Rs 4,061 per share, totaling Rs 7.52 crore. This preferential allotment mechanism allows Sambhv Steel Tubes to acquire shares directly from the company rather than through secondary market transactions.

Parameter: Details Investment Amount: Rs 7.52 crore Number of Shares: 18,507 equity shares Price per Share: Rs 4,061 Stake Acquisition: 15% post-allotment Transaction Method: Preferential Share Allotment Completion Timeline: Within 30 days

About Vajra Alloys

Vajra Alloys Private Limited, incorporated on November 29, 2025, operates in the specialty metals and alloys sector. The company is engaged in manufacturing, processing, refining and distribution of specialty metals including nickel-based, cobalt-based, PH steels, high-speed steels, and titanium alloys for industrial and high-performance engineering applications.

Company Details: Information Authorized Share Capital: Rs 15.00 lakh Paid-Up Share Capital: Rs 9.50 lakh Net Worth: Rs 38.58 crore Registered Office: Chennai, Tamil Nadu Target Industries: Aerospace, Defense, Automotive, Energy

Strategic Rationale

The investment represents a strategic move to expand Sambhv Steel Tubes' presence in the specialty materials market. The partnership is expected to create operational synergies through supply chain integration and cross-selling opportunities across a broader customer base. Vajra Alloys' focus on high-performance engineering applications positions the combined platform in critical and high-growth end markets including aerospace, defense, automotive, and energy sectors.

The transaction does not constitute a related party transaction, with no promoter or group company interest in Vajra Alloys. This investment demonstrates Sambhv Steel Tubes' commitment to diversifying its portfolio and strengthening its position in advanced metallurgical solutions.

Sambhv Steel Tubes Limited has announced the rescheduling of its analyst and institutional investor meeting with Kotak Securities Ltd PCG clients. Originally scheduled for March 27, 2026, the meeting has now been moved to April 1, 2026. The company formally notified both the National Stock Exchange of India Limited and BSE Limited about this change on March 26, 2026.

Rescheduled Meeting Details

The virtual group meeting maintains the same format and duration while shifting to a new date:

Parameter: Original Schedule Revised Schedule Date: Friday, March 27, 2026 Wednesday, April 1, 2026 Time: 3:00 PM - 4:00 PM (IST) 3:00 PM - 4:00 PM (IST) Participant: Kotak Securities Ltd - PCG Clients Kotak Securities Ltd - PCG Clients Mode: Virtual Group Meeting Virtual Group Meeting

Regulatory Compliance and Documentation

The rescheduling announcement was made in continuation of the company's earlier intimation dated March 20, 2026. This latest communication follows Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Niraj Shrivastava (Membership No. F8459) digitally signed the regulatory filing on March 26, 2026, ensuring proper compliance with disclosure requirements.

Meeting Guidelines and Considerations

The company has reiterated several important aspects regarding the rescheduled meeting:

The meeting schedule remains subject to change due to potential exigencies from the investor, broking house, or company

No Unpublished Price Sensitive Information (UPSI) will be shared during the investor meeting

The interaction continues to aim for transparency while adhering to regulatory guidelines

This rescheduled investor meeting represents part of Sambhv Steel Tubes Limited's ongoing commitment to maintaining regular engagement with the investment community, providing institutional investors and analysts with structured access to company management through virtual platforms.

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