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 September 30, 2025, in respect of utilization of gross proceeds of the IPO of the Company.
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Awaiting price reaction for this filing.
Sambhv Steel Tubes Limited has submitted the quarterly Monitoring Agency Report filed by CARE Ratings Limited, covering the quarter ended September 30, 2025. This is a SEBI-mandated disclosure under Regulation 32 of the Listing Regulations and Regulation 41 of the ICDR Regulations, meant to track how the company is using the money raised through its IPO. The filing is purely a compliance update and confirms that the company is being held accountable on deployment of public funds raised during its IPO.
This is a routine regulatory filing and is unlikely to have a material impact on the stock price. Investors should review the report for any signs of deviation from the stated purpose of IPO fund usage, which could affect future growth plans.