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Rama Steel Tubes planning to raise funds

11 Apr 2022 Evaluate

Rama Steel Tubes is planning to raise funds by way of issue of fresh Shares/Warrants through preferential basis alongwith other matter, if any, as may be permitted under applicable laws, subject to such regulatory/statutory approvals as may be required, including the approval of the shareholders of the Company. The meeting of the board of directors of the Company is scheduled to be held on April 19, 2022 to consider the same.

Rama Steel Tubes is a leading player engaged in the manufacturing and trading of Steel Tubes & Pipes and Rigid PVC (Poly Vinyl Chloride) & G.I. (Galvanised Iron) Pipes in India as well as in the world.

Peers
Company Name CMP
JSW Steel 1280.00
Tata Steel 187.70
Steel Authority 184.80
Jindal Stainless 747.90
APL Apollo Tubes 2206.00
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