Rama Steel Tubes Limited — Board Meeting, 29-04-2025: Outcome of Board Meeting

Rama Steel Tubes Ltd. has announced a board meeting outcome, approving the allotment of 40,32,126 equity shares at ₹14 each to Mr. Vinit Bharat Shah on a preferential basis. This strategic move aims to enhance the company's capital structure and support future growth initiatives, reflecting a commitment to improving shareholder value and ensuring operational flexibility. The new shares will rank equally with existing ones, paving the way for strengthened market positioning.