Sambhv Steel Tubes Ltd. Share Price

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has received Consent to Establish from the Chhattisgarh Environment Conservation Board vide approval dated May 14, 2026 issued by the Government of India, Ministry of Environment, Forest and Climate Change, IA Division. The said Consent to Establish has been granted for setting up of new Cold Rolling Mill (Stainless Steel) manufacturing facility having production capacity of 1,18,000 Metric Tonnes per annum at Unit-II situated at Village Kuthrel, Tehsil Dharsiwa, District Raipur, Chhattisgarh. has acquired 100% of the share capital of Zuri Hotels and Resorts (ZHRPL). Consequently, ZHRPL has become a wholly owned subsidiary of ITC Hotels with effect from May 19, 2026. The transaction would allow the company to strengthen its luxury portfolio in a strategic, high-growth leisure destination, through an established luxury property. Post renovation, the Resort will be rebranded as a luxury resort. By leveraging ITC Hotels’ institutional strengths, the Resort is expected to unlock brand-led value uplift and establish itself as a premier luxury destination for leisure and high-profile MICE.\ Gujarat Themis Biosyn has incorporated a wholly owned subsidiary company in the name and style of Themis Biosyn Japan in Japan. The date of incorporation of the new company is May 19, 2026. JSW Energy has executed definitive agreements to acquire an additional equity stake in Toshiba JSW Power Systems (TJPS), by way of a secondary purchase of equity shares from Toshiba Corporation, Japan. Post-acquisition, the company’s shareholding in TJPS shall increase to 20.7% on non-diluted basis and 10.7% on fully diluted basis. Airfloa Rail Technology has received new order of worth Rs 2.68 crore from Furnishing Division, Integral Coach Factory, Chennai, of Indian Railways. The order is for the supply and installation of 38 sets of Panelling inside wall, partition and roof.

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Sambhv Steel Tubes Schedules Analyst and Institutional Investor Meeting on May 22, 2026

Sambhv Steel Tubes has scheduled an Analyst/Institutional Investor Group Meeting with Centrum Virtual Conference on Friday, May 22, 2026, from 10:00 AM to 11:00 AM IST. The meeting has been disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that no Unpublished Price Sensitive Information will be shared during the meeting. The schedule is subject to change based on exigencies from any of the involved parties.

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and its wholly owned subsidiary -- Sambhv Tubes have entered into a Memorandum of Understanding (MoU) with the Ministry of Steel (MoS), Government of India on February 09, 2026, for Production Linked Incentive (PLI) Scheme (PLI 1.2) for Specialty Steel. !Grovy India has acquired a new premium luxury residential project located at Hauz Khas, New Delhi. This strategic acquisition reinforces the company’s presence in one of South Delhi’s most prestigious and highly sought-after residential neighbourhoods. The newly acquired project, with an approximate development area of 15,000 sq. ft, is aligned with Grovy India’s vision of creating high-quality, premium residential spaces that reflect modern design, luxury living, and refined urban aesthetics. has received Letter of Award (LoA) from Rewa Ultra Mega Solar for the development of Unit 1 (with the capacity of 220 MW) at Morena Solar Park, Madhya Pradesh. The project valued at around Rs 1,700 crore. TCPL Packaging's wholly owned subsidiary -- Accura Technik has commenced commercial production at its manufacturing facility located in Silvassa with effect from February 9, 2026. This state-of-the-art facility has an installed capacity of around 12,000 cylinders per annum, adhering to the highest global standards. a has received approval to enter into a power purchase agreement with Garuda Renewables, to procure renewable energy from hybrid sources of wind and solar and in this connection the company will be investing Rs 66 crore for acquiring upto 26% stake in Garuda Renewables. The Board of Directors of the company at its meeting held on February 9, 2026, has approved the same.

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: Q3 SL NET PROFIT 241.2M RUPEES VS 113M (YOY) SAMBHV STEEL: Q3 REVENUE 5.89B RUPEES VS 3.7B (YOY) SAMBHV STEEL: Q3 EBITDA 511M RUPEES VS 380M (YOY) || Q3 EBITDA MARGIN 8.68% VS 10.30% (YOY)

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