Remi Edelstahl Tubulars: ₹9.11 Cr Utilized from Preferential Issue

Remi Edelstahl Tubulars Limited has reported the utilization of proceeds from its preferential issue of equity shares for the quarter ended September 30, 2026. The company raised Rs 14.99 Crores on September 17, 2026. For the reported quarter, Rs 9.11 Crores were utilized. The funds were allocated to Plant & Machinery (Rs 6.63 Crores) and Civil work (Rs 2.48 Crores). There was no deviation or variation reported in the use of funds.