Quarterly Updates29 May 2026, 09:38 pm
Remi Edelstahl Tubulars FY26: Revenue ₹141.62 Mn
AI Summary
Remi Edelstahl Tubulars Ltd's board approved the audited financial results for the quarter and year ended March 31, 2026. The company reported revenue from operations of ₹141.62 million for FY26. Ankur Mehta has been appointed as a Non-Executive, Independent Director effective June 1, 2026, for a 5-year term, replacing Mahabir Prasad Sharma, who resigned due to health issues. The company is awaiting the announcement of the full scheme under ISM 2.0 to ascertain benefits, if any, would be available to the Company.
Key Highlights
- Audited financial results for FY26 approved with revenue from operations at ₹141.62 million.
- Ankur Mehta appointed as Non-Executive, Independent Director from June 1, 2026.
- Mahabir Prasad Sharma resigned as Independent Director due to health issues.
- Company awaits ISM 2.0 announcement to assess potential benefits for UHP tube manufacturing project.
Price Impact
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