Remi Edelstahl Tubulars Preferential Issue Approval for 8.33L Shares

Remi Edelstahl Tubulars Limited

Key Quantitative Figures

The proposed issue involves:

• 3,97,377 convertible warrants to be allotted to a non-promoter entity (WSG CO., Ltd.)
• 8,33,331 equity shares to be allotted on a preferential basis

Dates of Action

• Annual General Meeting approval date: August 31, 2026
• BSE in-principle approval date: September 9, 2026 (via letter no. LOD/PREF/RB/FIP/765/2026-27)
• Intimation disclosure date: September 10, 2026

Parties Involved

Allottees for 8,33,331 equity shares:

• Promoter Group: Hanuman Freight & Carriers Private Limited and Skyrise Mercantile Limited
• Non-Promoters: Jay Bharat Mehta, J B Mody Enterprises LLP and SNS Ventures LLP

Allottee for 3,97,377 convertible warrants:

• Non-Promoter: WSG CO., Ltd.

Approval Process

The preferential issue was approved by shareholders at the Annual General Meeting held on August 31, 2026, prior to receiving in-principle approval from BSE Limited.