Remi Edelstahl Tubulars Ltd — Important, 04-03-2026: Company Update

Remi Edelstahl Tubulars' Board approved the allotment of 6,69,226 new equity shares, each with a face value of Rs. 10 and a premium of Rs. 119.33. These shares were issued to WSG CO., LTD., a South Korean non-promoter entity, upon the conversion of previously allotted convertible warrants. The warrants were originally issued at Rs. 129.33 each. This conversion, valued at approximately Rs. 8.66 Cr, boosts the company's issued, subscribed, and paid-up capital, thereby strengthening its overall equity base.