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Rama Steel Tubes Limited — Updates, 11-12-2025: General Updates
11-12-2025 | 07:17 pm
11-12-2025 | 07:17 pm
Rama Steel Tubes (RSTL) and its subsidiary are acquiring 100% of Automech Group Holding for AED 296 million (approx ₹728 Cr). This strategic move expands RSTL's presence in UAE/GCC & Europe, diversifying revenue across steel, engineering, and infrastructure. RSTL's share will be settled via new equity.
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