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Rama Steel Tubes Ltd. ( (IN:RAMASTEEL) ) has issued an announcement.
Rama Steel Tubes Ltd. announced the outcome of its board meeting held on November 25, 2025, where it approved further investment in its wholly-owned subsidiary, RST International Trading FZE in the UAE, by acquiring additional shares. Additionally, the board sanctioned a working capital loan of AED 10 million for the subsidiary, aiming to support its expansion plans and explore new business opportunities, which could enhance the company’s market positioning and growth potential.
More about Rama Steel Tubes Ltd.
Rama Steel Tubes Ltd. is a manufacturer and exporter specializing in ERW steel tubes, both black and galvanized. The company operates within the steel industry, focusing on the production and distribution of steel tubes, and has a market presence that includes international subsidiaries.
Average Trading Volume: 984,193
Technical Sentiment Signal: Hold
Current Market Cap: 16.21B INR
See more insights into RAMASTEEL stock on TipRanks’ Stock Analysis page.