Sambhv Steel Tubes Limited — JV/Acquisition, 01-04-2026: Acquisition

Sambhv Steel Tubes invests ~₹7.52 Cr for a 15% stake in Vajra Alloys Private Limited. This strategic move enhances Sambhv's product portfolio by entering specialty metals and alloys for high-growth sectors like aerospace and defense. Vajra Alloys focuses on advanced materials such as nickel, cobalt, and titanium alloys. The investment aims to strengthen Sambhv's position in the specialty materials market, leverage combined expertise, and unlock operational synergies, expanding market access into critical industrial applications.