Remi Edelstahl Tubulars Ltd — Important, 07-08-2026: Company Update

Remi Edelstahl Tubulars' Annual General Meeting will consider approving the financial results for FY2025-26, reporting a turnover of 142.92 Cr and net profit of 2.74 Cr. Shareholders will vote on issuing 397,377 convertible warrants for 7.15 Cr to WSG Co., Ltd., and 833,331 equity shares for 15 Cr to promoter and non-promoter groups. These funds are earmarked for capital expenditure to modernize manufacturing facilities and expand Ultra High Purity stainless tube production, supported by a technology tie-up with WSG Co., Ltd., enhancing the company's product offerings. The meeting also includes director appointments and cost auditor remuneration approval.