Remi Edelstahl Tubulars Ltd — Important, 19-09-2025: Company Update

Remi Edelstahl Tubulars Limited's Board has approved the redemption of 4,00,000 unlisted 6% Non-Cumulative, Non-Convertible preference shares. These shares, with a face value of Rs 100 each, will be redeemed at their nominal value, amounting to a total of Rs 4 Cr. This strategic move aims to simplify the company's capital structure by eliminating this class of preference shares. It will reduce the company's financial liabilities and ongoing dividend commitments, which is a positive step for enhancing shareholder value and streamlining its equity base.