Mumbai, July 13 -- The board will, inter alia, consider raising funds through the issuance of equity shares, fully convertible equity warrants, convertible instruments, or any other eligible securities, either individually or in combination, subject to applicable regulatory and statutory approvals.

Sambhv Steel Tubes is one of the key manufacturers of electric resistance welded (ERW) steel pipes and structural tubes (hollow sections) in India. The company is one of only two manufacturers in the country producing ERW steel pipes and tubes, including hollow sections, using narrow-width hot-rolled (HR) coils.

The company reported a 221.5% surge in consolidated net profit to Rs 53.31 crore on a 38.4% increase in revenue from operations to R...