Remi Edelstahl Tubulars Limited , a player in the stainless steel industry, has announced a significant business development. The company has secured new orders totaling ₹62.7 crores for its stainless steel seamless tubes. This order comes from a reputed equipment fabricator catering to the thermal power sector.

Order Details

Key Points

• The orders were received in the normal course of business.
• These transactions are not related party transactions.
• The deals were conducted on an arm's length basis, ensuring fair market value.
• The order value is substantial considering the company's market capitalization of ₹143.00 crores.

This substantial order underscores the demand for Remi Edelstahl Tubulars' products in the thermal power sector. It also highlights the company's capability to cater to the needs of reputed equipment fabricators, potentially strengthening its position in the market.

The thermal power sector's continued investment in equipment suggests ongoing developments in this industry. Remi Edelstahl Tubulars' involvement in supplying critical components like stainless steel seamless tubes indicates its role in supporting infrastructure development in the power generation sector.

The significant order value, representing a large portion of the company's market capitalization, suggests a potential positive impact on the company's business.

While this order is a positive development for Remi Edelstahl Tubulars, investors and market watchers should consider it in the broader context of the company's overall financial performance and market conditions in the stainless steel and thermal power sectors.

Remi Edelstahl Tubulars Limited has undergone a change in its promoter group structure following a scheme of amalgamation approved by the National Company Law Tribunal (NCLT) Mumbai. The amalgamation has resulted in Hanuman Freight and Carriers Private Limited acquiring a stake in Remi Edelstahl Tubulars and becoming a member of its promoter group.

Key Details of the Amalgamation

• Acquired Stake: Hanuman Freight and Carriers Private Limited has acquired 582 equity shares, representing a 0.0048% stake in Remi Edelstahl Tubulars Limited.
• Transaction Date: The acquisition was completed on November 21, 2025.
• Promoter Group Holding: Following the transaction, the promoter group now holds 86,84,491 shares, representing 72.10% of Remi Edelstahl's total voting capital.

Impact on Shareholding

The amalgamation has led to changes in the shareholding structure of Remi Edelstahl Tubulars Limited:

This corporate action has resulted in the promoter group holding 72.10% of Remi Edelstahl Tubulars Limited's shares. The inclusion of Hanuman Freight and Carriers Private Limited in the promoter group marks a change in the company's ownership structure.