Corporate News     05-Dec-23
Rama Steel Tubes undertakes setting up of cold rolling mill and steel sheet galvanizing facility
Rama Steel Tubes has initiated a strategic backward integration expansion to the tune of ~40,000 MTPA; at its plant located at Khopoli, Maharashtra.

The expansion is expected to be completed by the end of Q4 of FY25, post which commercial production will commence.

The company is setting up state of the art cold rolling mill and steel sheet galvanizing facility to cater the in house requirement of raw material.

The total Capex for this expansion will be ~Rs.30 crore and will be funded through internal accruals of the company.

Previous News
  Rama Steel Tubes consolidated net profit declines 34.57% in the September 2024 quarter
 ( Results - Announcements 15-Nov-24   13:22 )
  Rama Steel records 10% YoY rise in Q3 steel sales volume
 ( Hot Pursuit - 02-Jan-25   14:16 )
  Board of Rama Steel Tubes to consider bonus issue
 ( Corporate News - 14-Nov-22   19:39 )
  Rama Steel Tubes consolidated net profit declines 10.04% in the June 2024 quarter
 ( Results - Announcements 16-Aug-24   07:28 )
  Rama Steel Tubes to hold board meeting
 ( Corporate News - 04-Feb-23   13:30 )
  Rama Steel rises as board OKs 2:1 bonus issue
 ( Hot Pursuit - 24-Jan-24   13:33 )
  Rama Steel Tubes Ltd leads losers in 'B' group
 ( Hot Pursuit - 24-Dec-21   14:45 )
  Board of Rama Steel Tubes approves bonus issue of 2:1
 ( Corporate News - 24-Jan-24   13:04 )
  Rama Steel Tubes consolidated net profit declines 5.49% in the March 2022 quarter
 ( Results - Announcements 30-May-22   15:49 )
  Rama Steel Tubes Ltd leads losers in 'B' group
 ( Hot Pursuit - 09-Sep-24   14:45 )
  Rama Steel Tubes to conduct board meeting
 ( Corporate News - 12-Apr-22   10:37 )
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