Remi Edelstahl Tubulars Ltd — Others, 05-08-2025: Others

Remi Edelstahl Tubulars released its FY25 Annual Report, showcasing robust performance. Turnover increased to ₹139.08 Cr, EBIDTA to ₹8.40 Cr, and net profit to ₹2.67 Cr, boosted by a 24%+ jump in production. The company is set to raise funds via preferential issues. It plans to issue 669,226 convertible warrants for ₹8.65 Cr to WSG Co. Ltd. and 1,195,893 equity shares for ₹15.47 Cr to promoter group and non-promoters. These funds are earmarked for capital expenditure, including plant modernization and new product development for the pharma, food, and high-tech industries, reflecting a strategic push for future growth.