Quarterly Updates29 May 2026, 07:11 pm
Remi Edelstahl Tubulars: Deviation Statement for Mar 2026
AI Summary
Remi Edelstahl Tubulars Ltd has filed a statement of deviation for the quarter ended March 31, 2026, regarding the use of proceeds from a preferential issue of equity shares and warrants. The company raised ₹14.62 Crores on October 16, 2025. The report indicates no deviation or variation in the use of funds raised. The funds were allocated to plant & machinery, technology cost and civil work.
Key Highlights
- Remi Edelstahl Tubulars reports no deviation in use of funds raised via preferential issue.
- Funds raised on 16.10.2025 totaled ₹14.62 Crores.
- Report filed for the quarter ended March 31, 2026.
- Funds allocated to plant & machinery (₹12.10 Cr), technology (₹8.75 Cr) and civil work (₹0.25 Cr).
Price Impact
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