Ratnamani Metals & Tubes Limited — JV/Acquisition, 18-09-2025: Acquisition

Ratnamani Metals & Tubes has invested ~30.49 Cr in its subsidiary, Ravi Technoforge Private Limited (RTL), through a rights issue. This adjusts Ratnamani's holding to 75.00% from 80.017%, following a revised agreement with RTL's existing shareholders who will maintain a 25% stake. RTL manufactures high-precision forged and turned bearing components for diverse industrial and mobility applications. For FY24-25, RTL reported revenue of 287.62 Cr and a PAT of 10.07 Cr. This strategic investment reinforces Ratnamani's long-term commitment to a key manufacturing asset, supporting continued growth and product portfolio enhancement.