Remi Edelstahl Tubulars Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/07/2025 ,inter alia, to consider and approve 1) to consider and ....
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Awaiting price reaction for this filing.
Remi Edelstahl Tubulars Limited has called a Board meeting on Tuesday, July 29, 2025. The Board will consider and approve the Unaudited Financial Results for the quarter ended June 30, 2025 (Q1 FY26). Additionally, the Board will consider a proposal to raise funds through the issue of equity shares and/or warrants via a preferential allotment, subject to shareholder and regulatory approvals. The trading window for designated persons has been closed from July 1, 2025 until 48 hours after the results are declared.
Shareholders should watch for the Q1 FY26 earnings announcement, which could move the stock. The proposed preferential issue of equity shares/warrants is a dilutive event—if approved, it will increase the share count and could pressure the stock price in the short term, though the capital raised may support future growth.