Remi Edelstahl Tubulars Ltd — Updates, 29-07-2025: Company Update

Remi Edelstahl Tubulars Limited's board recently approved the financial results for the quarter ended June 30, 2025, reporting revenue of **Rs 26.62 Cr** and a net profit of **Rs 0.21 Cr**. The board also sanctioned a key strategic agreement with South Korea's WSG Co. for technology transfer to manufacture ultra-high purity and titanium tubes in India. As part of this, WSG will invest **Rs 8.66 Cr** through convertible warrants. Additionally, the company will raise funds by issuing equity shares worth **Rs 9.00 Cr** to non-promoters and **Rs 6.47 Cr** to promoters on a preferential basis, subject to shareholder approval. The 54th Annual General Meeting is scheduled for August 28.