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Remi Edelstahl Tubulars Allots 8.33 Lakh Shares At Rs 180


23 September 2026
Remi Edelstahl Tubulars Ltd.

Board allotted 8,33,331 equity shares at Rs 180 per share aggregating Rs 15 Cr on preferential basis to 5 promoter-group and non-promoter allottees. Warrants not allotted for non-receipt of funds. Completes AGM-approved equity leg after exchange nod, securing expansion funding; continues equity-funded growth pattern. Lapse of technology-partner warrants leaves part of planned capital unraised. Raises equity base with promoter-group dominance; dilution and lock-in apply. Proceeds use, pricing basis and timeline for warrant reissue remain undisclosed; funding gap to monitor.


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