SAMBHV approves expansion plan for Stainless Steel Cold Rolled & Pre-Galvanized Coils
Sambhv Steel Tubes approves expansion for Stainless Steel Cold Rolled & Pre-Galvanized Coils at Kuthrel Unit, with ₹500 Million investment via internal accruals, expecting completion by Q4FY26.
The expansion plan is significant and is likely to have a positive impact on the company's future revenues and market position.
The announcement details a capacity expansion plan, indicating growth and investment in the company's operations.
* Approved expansion plan for manufacturing of Stainless Steel Cold Rolled Coils & Pre-Galvanized (GP) Coils at Kuthrel Unit, Raipur, Chhattisgarh. * Expansion includes Cold Rolling Mill (CRM) with Bright Annealing (BA) Line and Continuous Galvanizing Line (CGL). * Proposed addition capacity: 58,000 MT per annum for both CRM & BA Line and CGL. * Total capacity after expansion: 1,16,000 MT per annum for both CRM & BA Line and CGL. * Proposed capacity addition to be completed by Q4FY26. * Investment proposed: ₹500 Million. * Mode of Finance: Internal Accruals. * Rationale: To meet captive requirements and growing market demand.
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Sambhv Steel Tubes Limited filed this with the NSE as a statutory disclosure, categorised under capex. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Sambhv Steel Tubes Limited. Read the original for the full detail.