Consideration of AED 296 million (Approx Rs. 728 Crores), wherein RST International Trading FZE. agree to…
As filed · Agreements
What happened
Factconsideration of AED 296 million (Approx Rs. 728 Crores), wherein RST International Trading FZE. agree to acquire a 78.38% stake for a consideration of AED 232 million and Rama steel Tubes Limited. agree to acquire 21.62% stake for a consideration of AED 64 million.
Why it matters
CapitSignal interpretationAn acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
Scale
- 76.3% of FY26 revenue
₹728 Cr stated in the filing against ₹954.33 Cr revenue (FY26, standalone)
Source: financial_facts · exchange_table
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
DelayedWe aim to increase and strengthen our presence across various sectors, including water distribution, electricity distribution and street lighting, telecom applications, and irrigation projects.
Our Company is committed to expanding our product range by adding 10 new SKUs each month, with a target of reaching 2,500 SKUs by 2025-26.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Consideration and how it is funded
- Revenue and profit of the target
- Expected completion date
- Our Company is committed to expanding our product range by adding 10 new SKUs each month, with a target of rea (management committed by FY26)
- Additionally, we have planned to increase our total installed capacity to 500,000 metric tonnes by FY 2025-26. (management committed by FY26)
Evidence
- Rama Steel Tubes Limited has informed the Exchange about Share Purchase Agreement (SPA).(opens the original filing in a new tab)
- Earlier statement · FY24
- Latest statement · FY24
- Earlier statement · FY24
How CapitSignal classified this
- Reasoning:
- ACQUISITION base 74; +2 corroborating keywords; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%