Sambhv Steel Tubes Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot
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Sambhv Steel Tubes Limited has submitted the Scrutinizer's Report for a Postal Ballot conducted from February 19, 2026 to March 21, 2026. The single special resolution sought shareholder approval to appoint Mr. Sharad Chandak (DIN: 11100096) as an Independent Director of the Company. The resolution was passed with overwhelming majority — 177,956,616 votes (99.9985%) in favour versus just 2,638 votes (0.0015%) against. Promoters voted 100% in favour (146.28 million shares), public institutions voted 100% in favour (7.43 million shares), and public non-institutions voted 99.99% in favour (24.25 million shares). The scrutinizer, Mr. Rohtash Kumar Agrawal, Practicing Company Secretary, confirmed the voting was conducted in a fair and transparent manner.
This is a routine governance disclosure confirming a new Independent Director has been formally appointed with near-unanimous shareholder support. No material impact on stock price is expected, though it strengthens the board's independent oversight function.