Summary of EGM Proceedings

Meeting Details:

The 01st Extraordinary General Meeting of Sambhv Steel Tubes Limited was held on Monday, August 10, 2026 at 11:30 A.M. (IST) through Video Conferencing/Other Audio Visual Means. The meeting commenced at 11:30 A.M. and concluded at 12:36 P.M. on the same day.

Attendance:

Directors Present:

  • Vikas Kumar Goyal (Managing Director & CEO) - In-Person
  • Saurabh Patil (Executive Director) - In-Person
  • Bikash Agrawal (Executive Director & CSO) - In-Person
  • Bhavesh Khetan (Executive Director & COO) - VC
  • Manoj Khetan (Independent Director) - VC
  • Nidhi Thakkar (Independent Director) - VC
  • Kishore Kumar Singh (Independent Director) - VC
  • Sarbesh Kumar Das (Independent Director) - VC
  • Sharad Chandak (Independent Director) - VC

Other Attendees:

  • Anu Garg (Chief Financial Officer) - In-Person
  • Niraj Shrivastava (Company Secretary & Compliance Officer) - In-Person
  • Vijay Gupta (M/s. S S Kothari Mehta & Co. LLP, Statutory Auditor) - VC
  • Abhishek Jain (M/s. Agrawal & Agrawal, Secretarial Auditor) - VC
  • Rohtash Kumar Agrawal (M/s. Rohtash Agrawal & Co, Scrutinizer) - VC

Chairmanship:

Mr. Manoj Khetan, Independent Director and Chairman of the Audit Committee, presided over the meeting as Chairman since Mr. Suresh Kumar Goyal (Chairman & Managing Director) was interested in the business and unwilling to chair.

Voting Process:

The company provided remote e-voting facility through KFin Technologies Limited from 9:00 A.M. (IST) on August 07, 2026 to 5:00 P.M. (IST) on August 09, 2026. Members attending the meeting who hadn't cast remote votes could vote via e-voting on the Kfintech platform during the meeting, which remained open until 15 minutes after meeting conclusion.

Mr. Rohtash Kumar Agrawal, Practising Company Secretary (Membership No. FCS 5537), was appointed as Scrutinizer to scrutinize the voting process. The consolidated voting results and Scrutinizer's Report will be displayed on the company's website (www.sambhv.com) and KFin Technologies Limited's website, and intimated to stock exchanges within statutory time period.

Business Transacted:

The meeting transacted one special resolution:

  • Issuance of Fully Convertible Equity Warrants on Preferential Basis to Persons Belonging to Promoter, Promoter Group and/or Non-Promoter Category

Utilization of Proceeds:

Management briefed members that issue proceeds would be utilized towards:

  • Investment in the Subsidiary
  • Capital expenditure
  • Project expansion
  • Incremental working capital requirements
  • General corporate purposes

Regulatory Compliance:

The disclosure is made pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice convening the EGM dated July 16, 2026, along with explanatory statement and corrigendum, was circulated electronically to members.