Rex Pipes And Cables Industries Limited — Important, 13-08-2025: General Updates
13-08-2025 | 11:44 am
13-08-2025 | 11:44 am
The company has announced a board meeting to consider the financial results for the quarter and half-year. Additionally, a fund-raising proposal up to Rs. 250 Cr via a rights issue will be evaluated. This capital aims to bolster working capital and general corporate purposes. The firm also secured a new infrastructure order valued at Rs. 15 Cr. Furthermore, a new plant has been successfully commissioned, poised to boost production capacity by 20%. These developments signal strategic expansion and financial strengthening.
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