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Sambhviv Steel Tubes Limited announced the allotment of 8,695,400 fully convertible equity warrants at a price of Rs 115 per warrant to Anjaneya Minerals Private Limited, Suresh Kumar Goyal, Vikas Kumar Goyal, Bhavesh Khetan, Bikash Agrawal, Saurabh Patil, and Anu Garg, for a total consideration of Rs 24,99,92,750. The allotment, approved by the company's board on October 17, 2026, follows resolutions passed by shareholders on August 10, 2026, and approvals from the National Stock Exchange of India Limited and BSE Limited on October 7, 2026.
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