Pursuant to Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI Listing Regulations ), read with Regulation 41 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, we hereby submit the Monitoring Agency Report issued by CARE Ratings Limited, for the quarter ended December 31, 2025, in respect of utilization of gross proceeds of the IPO of the Company.
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Sambhv Steel Tubes has submitted the Monitoring Agency Report issued by CARE Ratings Limited for the quarter ended December 31, 2025. The report tracks how the company is deploying the gross proceeds raised from its IPO. The filing is made as required under Regulation 32 of SEBI Listing Regulations and Regulation 41 of SEBI ICDR Regulations. CARE Ratings is acting as the independent monitoring agency overseeing the use of IPO funds. Investors can review the report to verify whether the money raised is being spent as originally promised at the time of the IPO.
This is a routine regulatory compliance disclosure with no immediate stock price impact. Shareholders should check the actual report to confirm that IPO proceeds are being used for the stated objectives and within approved timelines.