Investment4 Mar 2026, 11:29 am
Remi Edelstahl Tubulars Allots Equity Shares Post Conversion of Convertible Warrants
AI Summary
Remi Edelstahl Tubulars Ltd. has allotted 6,69,226 equity shares to WSG CO., LTD, a South Korean entity, following the conversion of convertible warrants. The allotment was approved during a Board of Directors meeting on March 04, 2026. The new equity shares will rank pari passu with the existing shares, and the issued, subscribed, and paid-up capital of the company has been adjusted accordingly.
Key Highlights
- Remi Edelstahl Tubulars Ltd. allotted equity shares following the conversion of convertible warrants.
- The allotment was made to WSG CO., LTD, a South Korean entity.
- The new equity shares will rank pari passu with the existing shares.
- The issued, subscribed, and paid-up capital of the company has been adjusted.
- The allotment was approved during a Board of Directors meeting on March 04, 2026.