Latest news about Riddhi Steel & Tube
Riddhi Steel & Tube
265.00
0.00(0.00%)
Company Performance:
View Company Insights1D0.00%
1M+20.45%
6M+115.45%
1Y+289.71%
5Y+1,628.64%
More news about Riddhi Steel & Tube
24Dec 25
Riddhi Steel Promoter Acquires Additional 6,000 Equity Shares
Riddhi Rajesh Mittal, promoter of Riddhi Steel and Tube Limited, acquired 6,000 equity shares on December 22, 2025, through open market purchase. His individual holding increased from 4.12% to 4.19%, while the combined promoter group stake rose to 74.39%. The disclosure was filed under SEBI regulations on December 23, 2025.
19Dec 25
Riddhi Steel Promoter Increases Stake with Additional Share Purchase
Rajesh Kumar Ramkumar Mittal, a promoter of Riddhi Steel & Tube Limited, purchased 12,000 equity shares on December 18, 2025, through open market transactions. This acquisition increased his individual stake from 8.60% to 8.74%. The combined promoter group holding, including persons acting in concert (PAC), rose from 74.17% to 74.32% of the company's total share capital.
12Nov 25
Riddhi Steel & Tube Limited Reports 81% Surge in Net Profit for H1 FY2026
Riddhi Steel & Tube Limited announced robust financial results for H1 FY2026. Net profit increased by 80.78% to Rs. 608.39 lakhs, while revenue from operations grew by 59.64% to Rs. 24,679.87 lakhs compared to H1 FY2025. The company's EPS rose to Rs. 7.34, up 80.79% year-on-year. Total assets reached Rs. 21,539.21 lakhs, with improved net worth of Rs. 6,818.24 lakhs. Cash and cash equivalents increased by 12.66% to Rs. 907.15 lakhs, strengthening the company's liquidity position.
06Aug 25
Riddhi Steel and Tube Limited Overhauls Board Committees Amid Director Resignations
Riddhi Steel & Tube has announced significant changes to its board and key committees. Two independent directors, Mr. Kirankumar Mushaddilal Agarwal and Mr. Saurin Shailesh Shah, have resigned effective August 6, 2025. The company has restructured its Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee in response. Mr. Bhavinkumar Rajeshkumar Magnani will chair the Audit and Nomination committees, while Mr. Vikas Vijay Meena will lead the Stakeholders Relationship Committee. The changes aim to ensure effective governance and comply with regulatory requirements.
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