Shareholding4 Mar 2026, 11:46 am
Remi Edelstahl Tubulars Ltd Allots Equity Shares After Convertible Warrants Conversion
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 the Board of Directors meeting held on March 04, 2026. The new equity shares will rank pari passu with the existing equity shares in all respects, including the payment of dividend and voting rights.
Key Highlights
- Allotment of 6,69,226 equity shares to WSG CO., LTD
- Conversion of convertible warrants by a South Korean entity
- Allotment approved during the Board of Directors meeting on March 04, 2026
- New equity shares to rank pari passu with existing shares
- Issued, subscribed, and paid-up capital of the company increased