Deals31 May 2024, 05:12 pm
Remi Edelstahl Tubulars Limited Receives Orders Worth Rs.45.00 Crores in May-2024
AI Summary
Remi Edelstahl Tubulars Limited has announced that it has received orders for stainless steel pipes & tubes worth of Rs.45.00 crores approx. in the month of May -2024. These products will be supplied to oil & gas / petrochemical / infra (water treatment) /EPC Companies during the current financial year. The Company has received the said orders in normal course of business and the transactions are not falling under related party transactions and is done at arm’s length basis. This disclosure is in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and the Company’s Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information.
Key Highlights
- Remi Edelstahl Tubulars Limited received orders worth Rs.45.00 crores in May-2024
- Orders are for stainless steel pipes & tubes
- Products to be supplied to oil & gas, petrochemical, infra (water treatment), and EPC Companies
- Transactions are at arm’s length basis
- Disclosure is in compliance with Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015