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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Remi Edelstahl Tubulars reported Q1FY26 revenue from operations of Rs. 26.62 crores, up ~15.9% from Rs. 22.97 crores in Q1FY25. Net profit for the quarter stood at Rs. 21.07 lakhs vs Rs. 19.65 lakhs a year earlier, with EPS of Rs. 0.19. The Board approved preferential allotments totalling about Rs. 24.12 crores, including 6.69 lakh convertible warrants to South Korea-based WSG Co. Ltd at Rs. 129.33 per warrant and equity shares to promoter group and non-promoter investors at the same price. WSG will also invest USD 1 million and provide technology and machinery to manufacture Ultra High Purity and titanium stainless steel tubes in India. The Board reappointed Cost, Internal and Secretarial auditors and set the 54th AGM for August 28, 2025.
The preferential issue and WSG partnership bring in foreign investment and new technology, which could support future growth, but will also lead to equity dilution. Quarterly results show modest revenue and profit growth, indicating stable but slow momentum for shareholders.