Mumbai, Oct. 30 -- Remi Edelstahl Tubulars has received orders worth Rs. 602.5 mn, net of goods and services tax (GST), for stainless steel welded and seamless tubes. The orders have been placed by leading private manufacturers of heat exchangers used in thermal power generating equipment, the company said in a regulatory disclosure.
The company stated that the orders were received in the normal course of business. It added that the transactions do not qualify as related-party transactions and have been conducted on an arm's-length basis.
The disclosure was made under Regulation 30 of the Securities and Exchange Board of India's (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. It was also submitted in accordance with Remi Edelstahl Tubulars' code of practices and procedures for fair disclosure of unpublished price-sensitive information.
The filing was addressed to BSE's listing department on October 28, 2026. Remi Edelstahl Tubulars is listed under scrip code 513043, and the announcement provides details of the order value, product categories and customer sector but does not specify delivery schedules, individual order values or the expected impact on financial performance.
The orders cover both welded and seamless stainless steel tubes, allowing the company to supply products for heat exchanger applications in the thermal power equipment segment. The company did not disclose the names of the customers or provide further operational details in the filing.
Published by HT Digital Content Services with permission from Construction World.