Rama Steel Tubes Limited Completes Full Utilization of Rs 87.50 Crore Private Placement Funds
Rama Steel Tubes Limited has fully utilized Rs 87.50 crore raised through private placement for business expansion, with Brickwork Ratings confirming complete fund deployment in its final monitoring report for Q3 FY26. The company originally targeted Rs 177.30 crore but received the reduced amount due to non-participation by some investors, with all proceeds successfully used for acquisition-based business expansion as planned.
