Sambhv Steel Tubes Limited has approved an investment of INR 7.51 crore to acquire a 15% stake in Vajra Alloys.

Apr 2, 2026

Sambhv Steel Tubes Limited has announced an investment of approximately INR 7.51 crore in Vajra Alloys Private Limited through preferential allotment. The company will acquire around 15% equity stake, amounting to 18,507 shares, as part of a strategic move to strengthen its presence in specialty materials.

Vajra Alloys operates in the business of manufacturing, processing, refining and distribution of specialty metals and alloys, including nickel-based, cobalt-based, PH steels, high-speed steels, titanium alloys and other advanced materials. The company may produce and supply such materials in various forms such as billets, ingots, forgings, castings, powders, plates, sheets, coils, wires, rods and other semi-finished or finished products, and undertake allied activities including alloy development, heat treatment, machining and value-added metallurgical services for industrial and high-performance engineering applications.  

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The investment is expected to unlock synergies, enhance product portfolio, and improve supply chain integration for Sambhv Steel Tubes.