Remi Edelstahl Tubulars Ltd — Important, 08-10-2025: Company Update

Remi Edelstahl Tubulars Limited has received in-principle approval from BSE for its proposed preferential issue. This issue involves allotting 6,69,226 convertible warrants to WSG CO., Ltd., a non-promoter entity. Additionally, 11,95,893 equity shares will be allotted to Remi Finance & Investment Private Limited, a promoter group member, and four non-promoters. This approval paves the way for the company to proceed with the capital-raising plan previously approved by shareholders, impacting its shareholding structure and supporting future operations.