Remi Edelstahl Tubulars Ltd — Dividend/Bonus, 29-07-2025: Corp. Action

Remi Edelstahl Tubulars' board has announced its financial results for the quarter, reporting a net profit of Rs. 0.21 Cr. Crucially, the company secured a technology license and machinery agreement with South Korea's WSG Co. Ltd. to manufacture ultra-high purity and titanium stainless steel tubes in India. This partnership involves WSG investing USD 1 million via convertible warrants. Additionally, the company is raising capital through a preferential issue of warrants and equity shares totaling approximately Rs. 24.12 Cr to both promoter and non-promoter entities. The 54th Annual General Meeting is scheduled for August 28.