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14h agoRama Steel Tubes clears UAE acquisition to expand engineering services footprint
Rama Steel Tubes Ltd has approved the acquisition of UAE based Automech Group Holding Limited, marking a strategic expansion into engineering and industrial services. The ₹728 crore deal will be executed through a joint structure, with RST International Trading FZE acquiring a 78.38 percent stake and Rama Steel Tubes holding the remaining 21.62 percent.
Hindi• By Pooja Kumari
Explore:High Return Equity Mutual Fund
neutral
14h agoRama Steel Tubes clears UAE acquisition to expand engineering services footprint
Rama Steel Tubes Ltd has approved the acquisition of UAE based Automech Group Holding Limited, marking a strategic expansion into engineering and industrial services. The ₹728 crore deal will be executed through a joint structure, with RST International Trading FZE acquiring a 78.38 percent stake and Rama Steel Tubes holding the remaining 21.62 percent.
Hindi• By Pooja Kumari
Explore:High Return Equity Mutual Fund
1 min read
54 words
Rama Steel Tubes approved a ₹728 crore UAE acquisition, gaining exposure to diversified engineering and infrastructure services through a structured stake purchase.
Rama Steel Tubes Ltd has approved the acquisition of UAE based Automech Group Holding Limited, marking a strategic expansion into engineering and industrial services. The ₹728 crore deal will be executed through a joint structure, with RST International Trading FZE acquiring a 78.38 percent stake and Rama Steel Tubes holding the remaining 21.62 percent.
Rama Steel Tubes Ltd has approved the acquisition of UAE based Automech Group Holding Limited, marking a strategic expansion into engineering and industrial services. The ₹728 crore deal will be executed through a joint structure, with RST International Trading FZE acquiring a 78.38 percent stake and Rama Steel Tubes holding the remaining 21.62 percent.
Dec 15, 2025 • 06:45