Remi Edelstahl Tubulars Approves ₹22.2 Crore Preferential Issue And ₹27.5 Crore Capex

Revenue Jumps, Profit Doubles PAT at Rs 0.5 Cr in Q1 FY27, +114.2% YoY. Revenue at Rs 35.2 Cr in Q1 FY27, +32.2% YoY. EBITDA at Rs 2.0 Cr, +41.1% YoY. EBITDA margin at 5.8% vs 5.4%. Order book of Rs 114 Cr; UHP project under trial production, expected to commence within the year. Management cited increased energy cost impact. Board approved Rs 27.5 Cr capex to increase UHP tube capacity. Preferential allotment of equity shares and convertible warrants to raise Rs 22.20 Cr. Appointment of Ritvik Saraf as Non-Executive Director; resignation of Vishwambhar C. Saraf, appointed Chairman Emeritus; Rajendra C. Saraf designated Non-Executive Chairman. Re-appointment of cost and internal auditors. AGM on Aug 31, 2026; book closure Aug 24-31.