RAMA STEEL TUBES LTD.
NSE : RAMASTEELBSE : 539309ISIN
CODE : INE230R01035Industry : Steel & Iron ProductsHouse
: Private
BSE12.360.26 (+2.15 % )
PREV CLOSE (Rs.) 12.10
OPEN PRICE (Rs.) 12.20
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 1879678
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE12.35 0.25 (+2.07 % )
PREV CLOSE(Rs.) 12.10
OPEN PRICE (Rs.) 12.25
BID PRICE (QTY) 12.35 (12389 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 7227486
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 06-May-2024 | Rama Steel Tubes informs about EGM | <div>Rama Steel Tubes has informed that the Extraordinary General Meeting (EGM) of the members of the Company is scheduled to be held on Saturday, June 01, 2024 at 12:30 PM. (1ST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) in accordance with the relevant circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India, from time to time, to seek approval of the members on the proposal as provided in the Notice of the EGM. Please find enclosed Notice convening the EGM of members, which will be sent to the members of the Company whose e-mail address is registered with the Company / Company's Registrar and Transfer Agent, Bigshare Services (Bigshare) / Depository Participant(s) IDepositories. The Notice of the EGM will also be available on the Company's website at: www.ramassteel.com. Shah & Santoki Associates, Practicing Company Secretaries, Ahmedabad, has been appointed as the Scrutinizer to scrutinize the e-Voting process of the EGM in a fair and transparent manner.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 06-May-2024 | Rama Steel Tubes informs about EGM cutoff date | <div>Rama Steel Tubes has informed that the Company has fixed Saturday, May 25, 2024 as the Cutoff date to record the entitlement of the member(s) to cast his/her vote electronically during May 29, 2024 (9:00 am) to May 31, 2024 (5:00 pm) and also during the EGM in respect of business to be transacted at Extraordinary General Meeting.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div> |
| 04-May-2024 | Rama Steel Tubes informs about press release | <div style="text-align: justify;">Pursuant to the applicable provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the circular of Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India, Rama Steel Tubes has informed that it enclosed copy of Newspaper Publication in Financial Express (English Newspaper) and Jansatta (Hindi Newspaper) dated May 04, 2024.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 22-Apr-2024 | Rama Steel Tubes informs about fund raising | <div style="text-align: justify;">Rama Steel Tubes has informed that the Board of Directors of the Company, at its meeting held today (April 22, 2024) has, subject to the approval of shareholders' and or other requisite regulatory or statutory approvals, approved raising of funds by way of further issue of Equity Shares for an aggregate amount of upto Rs. 500 crores by way of a further public offer; The Board has re-constituted and authorised the Fund Raising Committee and assign all the powers to it including but not limited to appointment of various intermediaries and do all the things which are necessary for the completion of the issuance of Equity Shares by way of further public offer; The Board also approved convening of an extraordinary general meeting of the Company on Saturday, June 1, 2024, to approve the above matters; The Board has Appointed Shah & Santoki, Practicing Company Secretary as the scrutinizer of the Company for this extraordinary general meeting.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
| 20-Mar-2024 | Rama Steel Tubes informs about outcome of board meeting | <div>Rama Steel Tubes has informed that the Board of Directors of the Company in their meeting held today has made allotment of 101,99,04,050 fully paid-up Bonus Equity Shares of Rs 1 each in the ratio 2:1 (Two) Equity Share of Rs 1 each for every (One) Equity Share of Rs 1 each held by the shareholders of the Company as on the record date (March 19, 2024), in accordance with SEBI (ICDR) Regulations, 2018 and applicable rules. The Board of Directors of the Company have also reserved 1,62,50,000 bonus shares for 16,25,000 number of outstanding warrants as on record date pending for conversion into equivalent number of equity shares, in the ratio of 2:1 (Two equity shares for everyone equity shares held). The Board Meeting commenced at 11:00 AM and concluded at 11:45 AM. </div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 06-Mar-2024 | Rama Steel Tubes gets nod to sell 50% stake in Hager Mega Mart | <p style="text-align: justify;">Rama Steel Tubes has received approval to sell 50% stake (12,50,000 equity shares of face value of Rs 10 each) in Hager Mega Mart (HMMPL). After completion of above disinvestment, HMMPL shall ceased to be Associate of the Company. The consideration will receive from such sale is Rs 5 crore for sale of around 31.20% stake and balance 18.80% stake shall be diluted in due course of time.</p><p style="text-align: justify;">The Board of Directors at its meeting held on March 06, 2024, has inter-alia, considered and approved the same. </p><p style="text-align: justify;">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.</p> |
| 06-Mar-2024 | Rama Steel Tubes informs about record date | <p style="text-align: justify;">Further to letter dated January 24, 2024 intimating the Bonus Issue of Equity Shares, Rama Steel Tubes has informed that pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors has fixed Tuesday, March 19, 2024, as the record date, for the purpose of ascertaining the eligibility of shareholders entitled for issuance of Bonus Shares. The Bonus Shares, once allotted, shall rank in all respects with and carry the same rights as the existing equity shares and shall be entitled to participate in full in any dividend and other corporate action, recommended and declared after the new equity shares are allotted.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 06-Mar-2024 | Substantial Acquisition of Shares | Inter alia, approved:- Sale of stake held in Hager Mega Mart Private Limited ("HMMPL"). Rama Steel Tubes Limited ("the Company") holds 50% stake (12,50,000 equity shares of face value of Rs. 10 each) in HMMPL, the Board of Directors of the Company approved the sell entire stake ofthe Company held in HMMPL as mentioned in Annexure-A. After completion of above disinvestment, HMMPL shall ceased to be Associate of the Company. |
| 29-Feb-2024 | Rama Steel Tubes informs about outcome of scrutinizer's report of postal ballot | <div>Pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Rama Steel Tubes has informed that it enclosed the results of the postal ballot conducted by the Company, the voting for which commenced on Tuesday, January 30, 2024 and closed on Wednesday, February 28, 2024 along with the report of Arun Kumar Gupta and Associates, Scrutinizer appointed for conducting the postal ballot. In terms of Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, also informed that the resolutions as mentioned in the Postal Ballot Notice have been passed by the members on February 28, 2024, with requisite majority through E-voting.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 29-Feb-2024 | Rama Steel Tubes informs about voting results | <div style="text-align: justify;">Rama Steel Tubes has informed that it enclosed a copy of Scrutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div> |
