NSEGeneral Updates6 Oct 2026 · 6 Oct 2026, 08:39 pm
General Updates
Sambhv Steel Tubes Limited · SAMBHV
✦ AI SummaryFundraise
Sambhv Steel Tubes Limited has appointed CARE Ratings Limited as the Monitoring Agency for the preferential issue of warrants, as approved by the shareholders on August 10, 2026. The Monitoring Agency will oversee the utilisation of the proceeds raised from the issue.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Sambhv Steel Tubes Limited has informed the Exchange about Appointment of Monitoring Agency for Preferential Issue of Warrants
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SAMBHAV2024_06102026203833_MA.pdf
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October 06, 2026
To To
Listing Compliance Department Listing Compliance Department
BSE Limited National Stock Exchange of India Limited
P J Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex,
Mumbai - 400 001 Bandra (East), Mumbai– 400051
Scrip Code: 544430 Symbol: SAMBHV
Subject: Intimation regarding appointment of Monitoring Agency pursuant to preferential
allotment of warrants under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Dear Sir/Madam,
This is to inform you that the Company has appointed CARE Ratings Limited ("CARE") as
the Monitoring Agency for monitoring the utilisation of the proceeds raised pursuant to the
preferential issue of warrants, as approved by the shareholders of the Company on August
10, 2026.
The details of the Monitoring Agency are as follows:
Particulars Details
Name of Monitoring Agency CARE Ratings Limited ("CARE")
Date of appointment October 6, 2026
Monitoring utilisation of proceeds raised pursuant to
Purpose
preferential allotment of warrants
Issue proceeds ₹99,99,71,000/-
The Company shall make the requisite disclosures/reports relating to utilisation of the issue
proceeds in accordance with the applicable provisions of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 and the SEBI (Issue of Capital and Disclosure
Requirements) Regulations, 2018, as applicable.
You are requested to kindly take the above information on record.
Thanking you,
For and on behalf of Sambhv Steel Tubes Limited
Niraj Shrivastava
Company Secretary & Compliance Officer
Membership Number – F8459