Remi Edelstahl Tubulars Limited reported a robust financial performance for the year ended March 31, 2025, with turnover rising to Rs. 139.07 Cr and net profit reaching Rs. 2.67 Cr.

To fund capital expenditure for modernizing facilities and developing new high-grade products for pharma and other industries, the company plans a preferential issue of warrants aggregating Rs. 8.65 Cr to WSG CO., Ltd. It also plans a preferential issue of equity shares worth Rs. 15.47 Cr to a promoter group member and non-promoters.

Shareholders will vote on these proposals at the 54th Annual General Meeting on August 28, 2025, which will also adopt the annual financial results.