Remi Edelstahl Tubulars Capital Structure Change
Remi Edelstahl Tubulars promoter group entities Hanuman Freight & Carriers and Skyrise Mercantile acquired 666,666 shares via preferential allotment for a total of ₹12.00 Crore.
- Value
- ₹12.00 Cr
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Remi Edelstahl Tubulars promoter group entities Hanuman Freight & Carriers and Skyrise Mercantile acquired 666,666 shares via preferential allotment for a total of ₹12.00 Crore.
Remi Edelstahl Tubulars approved the preferential allotment of 8,33,331 equity shares at Rs. 180 per share, aggregating to Rs. 15.00 Crore for the company.
Remi Edelstahl Tubulars Limited received in-principle approval from BSE for its proposed preferential issue of 8,33,331 equity shares and 3,97,377 convertible warrants.
Remi Edelstahl reported strong Q1FY27 results with 29% revenue growth and 114% PAT growth. Strategy focuses on high-margin high-purity tubes via WSG partnership.
Remi Edelstahl Tubulars Ltd reported revenue from operations of ₹35.2 Cr (+32.3% YoY) and net profit of ₹0.5 Cr (+150.0% YoY) for Q1 FY27.