Remi Edelstahl Tubulars chairman and AGM
BSE: 513043Industrial ProductsSmall Cap
Share price at the BSE close on 30 Oct 2026. Previous close ₹209.90.
30 Oct: open ₹218.80, high ₹218.80, low ₹205.50
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹277 Cr2,447th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 92.82
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- Shares changed
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 5.2%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 4.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.76
- Volume, BSEVolume. Shares traded on the last trading day. Volume in the glossary
- 2,582
Remi Edelstahl Tubulars' chairperson is RAJENDRA CHIRANJILAL SARAF, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 31 Aug 2026.
Remi Edelstahl Tubulars board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonRAJENDRA CHIRANJILAL SARAF
6 directors3 independent1 executive2 non-executive
- RAJENDRA CHIRANJILAL SARAF · ChairpersonNon-executive · joined Sep 1976 · reappointed Aug 2026 · 1 listed board
- RISHABH R SARAFExecutive · joined Apr 2002 · reappointed Apr 2025 · 2 listed boards · 1 as independent · 3 committee seats, 1 as chair
- ARCHANA PRADEEP BAJAJIndependent · joined Sep 2024 · 24 months as independent · 0 listed boards
- HARKISHAN PITAMBERDAS ZAVERIIndependent · joined Sep 2024 · 24 months as independent · 0 listed boards · 1 committee seat, 1 as chair
- ANKUR SANJAY MEHTAIndependent · joined Jun 2026 · 4 months as independent · 0 listed boards · 1 committee seat, 1 as chair
- RITVIK SARAFNon-executive · joined Aug 2026 · 0 listed boards · 2 committee seats, 1 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
2 directors who left
- VISHWAMBHAR C SARAF, left 1 Aug 2026: Others
- MAHABIR JAWALAPRASAD SHARMA, left 1 Jun 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 23 Sep 20265 of 6 present3 independent · 53 days in between
- 31 Jul 20265 of 6 present3 independent · 62 days in between
- 29 May 20265 of 6 present3 independent
Audit Committee
Chair HARKISHAN PITAMBERDAS ZAVERI
RITVIK SARAF, ANKUR SANJAY MEHTA
- 31 Jul 20263 of 3 present2 independent · 62 days in between
- 29 May 20262 of 3 present2 independent
Nomination and remuneration committee
Chair ANKUR SANJAY MEHTA
ARCHANA PRADEEP BAJAJ, RITVIK SARAF
- 31 Jul 20263 of 3 present2 independent
- 29 May 20262 of 3 present2 independent
Stakeholders Relationship Committee
Chair RITVIK SARAF
RISHABH R SARAF, ANKUR SANJAY MEHTA
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- Sundarlal Desai & KanodiaPeer-review certificate valid to Nov 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Remi Edelstahl Tubulars AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Remi Edelstahl Tubulars dividend history
Annual general meeting, 31 Aug 2026
4,383 shareholders on the register on 24 Aug 2026; present: 16 promoters and 14 others; votes counted by Kamlesh Rajoria / Kamlesh Rajoria & Associates.The company's voting result
- Adoption and approval of the Audited Financial Statement of the Company for the financial year ended March 31, 2026, together with the reports of the Board of Directors and the Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 70.29% · promoters 100.00% · other public 4.64%
- Reappointment of Shri Rajendra C. Saraf, who retires by rotation.Ordinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 70.29% · promoters 99.99% · other public 4.64%
- Ratification of the remuneration of M/s Kejriwal & Associates, Cost Auditors for the Year 2026-27Ordinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 70.29% · promoters 100.00% · other public 4.64%
- Approval of appointment of Shri Ritvik V. Saraf as Promoter , Non- Executive, Non Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 70.29% · promoters 100.00% · other public 4.64%
- Approval of appointment of Shri Ankur Sanjay Mehta, as an Independent Director of the Company for a consecutive term of five yearsSpecial100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 70.29% · promoters 100.00% · other public 4.64%
- Approval of Material Related Party TransactionsSpecial100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 70.29% · promoters 100.00% · other public 4.64%
- Approval of Issue of Convertible warrants on a Preferential basis to non-PromoterSpecial100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 70.29% · promoters 100.00% · other public 4.64%
- Approval of Issue of equity shares on a Preferential basis to members of the Promoter group and non-PromotersSpecial100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 70.29% · promoters 100.00% · other public 4.64%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Mar 2026. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far. A statement's amounts are left out where the company filed the same raise a power of ten apart in its other statements and the filings do not settle which is right.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Preferential IssuesOct 2025 | – | Plant & Machinery | – | – | No | Equity Shares and Convertible warrants |
| Preferential IssuesOct 2025 | – | Technology cost | – | – | No | Equity Shares and Convertible warrants |
| Preferential IssuesOct 2025 | – | Civil work | – | – | No | Equity Shares and Convertible warrants |