Remi Edelstahl Tubulars Ltd — Board Meeting, 29-07-2025: Board Meeting

Remi Edelstahl Tubulars' board has approved financial results for the quarter ended June 30, 2025, reporting a net profit of 0.21 Cr. The company is set to raise approximately 24.13 Cr through preferential allotment of shares and convertible warrants. A key move is a strategic partnership with WSG Co. Limited, South Korea, including an investment of about 8.66 Cr from WSG for warrants. This collaboration aims to establish the manufacturing of Ultra High Purity (UHP) and titanium stainless steel tubes in India, leveraging WSG's technology and machinery.