Remi Edelstahl Tubulars Ltd — Important, 20-10-2025: Company Update

Remi Edelstahl Tubulars has announced the allotment of capital through a preferential issue. This includes 6,69,226 convertible warrants to WSG Co., Ltd., a non-promoter entity, priced at Rs 129.33 per warrant, raising Rs 8.65 Cr. Each warrant converts into one equity share within 18 months. Additionally, 9,62,893 fully paid-up equity shares were allotted at Rs 129.33 each to multiple investors, raising Rs 12.45 Cr. This capital infusion, totaling approximately Rs 21.10 Cr, will strengthen the company's financial position and expand its investor base.