17-Jul-2026 18:13:17
RAMA STEEL TUBES LTD. : SALE OF NON-CORE UNIT APPROVED
• Board of Directors approved sale of land and shed structure at B-5, Site IV, Sahibabad Industrial Area, Ghaziabad, Uttar Pradesh. • Aggregate consideration of INR 26,75,00,000/-. • The unit is a non-core business unit and did not contribute to turnover/revenue/income in the last financial year. • Agreement to Sell executed on July 17, 2026; completion upon fulfillment of conditions. • Purchaser is Paras Buildwell LLP, not belonging to promoter/promoter group/group companies. • Transaction does not fall under related party transactions or Scheme of Arrangement. Impact: Neutral (Sale of a non-core asset at a stated consideration; no immediate impact on core business or financial performance expected.)
Rama Steel Tubes Ltd
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