Remi Edelstahl Tubulars Ltd — Important, 12-02-2026: Company Update

Remi Edelstahl Tubulars Limited has confirmed there is no deviation or variation in the use of proceeds from its preferential issue of equity shares and warrants. The company raised Rs 14.62 Crores through this issue. This update provides clarity on the utilization of funds, assuring investors that the capital raised is being deployed as originally intended for the stated objectives, without any changes. The Audit Committee has reviewed the statement, affirming no deviations, which supports transparency for shareholders.