Hanuman Freight & Carriers Private Limited bought 1,66,666 shares of Remi Edelstahl Tubulars Limited for ₹3.00 Cr at ₹180.00 apiece. The transaction raised the promoter group entity's stake from 1.70% to 2.84% via a preferential offer.
A manufacturer of stainless steel pipes and tubes, Remi Edelstahl Tubulars produces seamless and welded tubular products for industrial applications across multiple sectors. Established in 1970, the company operates integrated manufacturing facilities with in-house capabilities for stainless steel processing and quality control. Its products serve the oil and gas, power generation, chemical processing, and petrochemical industries in both domestic and international markets.
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