NSEGeneral Updates4d ago · 17 Jul 2026, 06:12 pm

General Updates

Rama Steel Tubes Limited · RAMASTEEL

✦ AI SummaryDivestiture

Rama Steel Tubes Limited has informed the Exchange about the sale of a unit (land and shed structure) at B-5, Site IV, Sahibabad Industrial Area, Ghaziabad, Uttar Pradesh for an aggregate consideration of INR 26,75,00,000/-.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Rama Steel Tubes Limited has informed the Exchange about sale of unit.

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RAMASTEEL_17072026181232_SignedIntimationofBM17072026.pdf

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RAMA STEEL TUBES LTD. Manufacturers & Exporters: ERW Steel Tubes (Black & Galvanised) CIN: L2720lDL1974PLC007114I AN ISO 9001: 2015 CO. RAMA Corp. Office: Ground & Fourth Floor, A-98, Sector 136, Noida, Uttar Pradesh-20130l +91-120-4688766 BUILD WITH TRUST Date: 17th July 2026 The Manager - Listing The Secretary National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, Bandra Kurla Complex, Corporate Relationship Dept., Bandra (East), P. J. Towers, Dalal Street, Mumbai - 400051 Mumbai -400 OOL Symbol: RAMASTEEL Scrip Code: 539309 Dear Sir/Madam, Sub.: Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 This is to inform you that the Board of Directors of the Company at its meeting held today, has, inter alia, considered and approved the sale of unit (only land and shed structure) situated at B-5, Site IV, Sahibabad Industrial Area, Ghaziabad, Uttar Pradesh for an aggregate consideration of INR 26,75,00,000/- (Indian Rupees Twenty Six Crore Seventy Five Lakh Only), subject to such terms and conditions as Stipulated in the Agreement. Further note that, such sale does not constitute as an undertaking or substantially the whole of the undertaking for the Company in terms of section 180(1)(a) of the Companies Act, 2013. The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD POD2/I/3762/2026 dated January 30,2026, is enclosed as Annexure A. You are requested to kindly take the above information on records. Thanking you, Yours Faithfully, For Rama Steel Tubes Limited Vikas Sharma Company Secretary cum Compliance Officer Regd. Office: Office No.1 & 2, A-1S, 3rd Floor, Swasthya Vihar, New Delhi - 110092 +91-11-41645537 info@ramasteel.com www.ramasteel.com ANNEXURE A The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD POD2/I/3762/2026 dated January 30,2026, are enclosed herewith as under: Particulars Details 1 The amount and percentage of the The unit proposed to be disposed of is a non turnover or revenue or income and core business unit. The unit did not net worth contributed by such unit contribute any turnover/revenue/income or division or undertaking or during the last financial year and has no net subsidiary or associate company of worth. Accordingly, the percentage the listed entity during the last contribution to the turnover/ revenue/ financial year; income and net worth of the Company is Nil / Not Applicable. 2 Date on which the agreement for The Agreement to Sell was executed on July sale has been entered into; 17,2026. 3 The expected date of completion of The transaction is proposed to be completed sale / disposal; upon fulfilment of conditions as Stipulated in the Agreement. 4 Consideration received from such Aggregate sale consideration of INR sale/disposal; 26,75,00,000/- (Indian Rupees Twenty-Six Crore Seventy-Five Lakh Only). 5 Brief details of buyers and whether Paras Buildwell LLP (LLPIN: AAF-3503) any of the buyers belong to the Having its registered office at F-122, First Floor, Plot No. 30, Aditya Arcade Community promoter/ promoter group/group Centr, Preet Vihar, Delhi, India, 110092. companies. If yes, details thereof; The purchaser does not belong to the Promoter / Promoter Group / Group Company (ies) of the Company. 6 Whether the transaction would fall The transaction does not fall under the ambit within related party transactions? If of Related Party Transaction(s ). yes, whether the same is done at "arm's length"; 7 Whether the sale, lease or disposal of The proposed transaction is not part of any the undertaking is outside Scheme of Scheme of Arrangement. Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations. 8 Additionally, in case of a slump sale, Not Applicable indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale.