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The Board of Directors of Rama Steel Tubes Ltd. has approved the acquisition of a 24.81% stake in M/s Bigwin Buildsys Coated Private Limited for an aggregate consideration of ₹7.51 Crore. The acquisition will be executed through the issuance of 53,65,329 equity shares at a price of ₹14 per share, subject to necessary approvals from shareholders at an extraordinary general meeting scheduled for January 4, 2025. This strategic move is expected to diversify the company's business into green energy solutions, particularly solar structures.