Remi Edelstahl Tubulars Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Remi Finance and Investment, a promoter entity, along with its group, has increased its stake in Remi Edelstahl Tubulars. This was done through a preferential allotment, acquiring an additional 2,67,000 equity shares. Consequently, the promoter group's total holding in Remi Edelstahl Tubulars rose from 63.02% to 67.14%. This move not only strengthens promoter commitment but also increases the company's equity share capital from Rs. 10.98 Cr to Rs. 11.95 Cr, signaling capital infusion and potential for growth.