Remi Edelstahl Tubulars Ltd Allots Equity Shares on Conversion of Convertible Warrants

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, with a face value of Rs. 10/- each, were allotted at a premium of Rs. 119.33/- per share, pursuant to the conversion of 6,69,226 convertible warrants against receipt of the balance subscription amount of 75% of the issue price. The issued, subscribed and paid-up capital of the Company has increased from 1,19,45,293 to 1,26,14,519 equity shares post allotment.