Rama Steel Tubes Limited has issued a corrigendum to the notice of its Extraordinary General Meeting (EGM), originally scheduled for February 14, 2026. This corrigendum amends specific details within the explanatory statement of the EGM notice, which was initially dispatched to shareholders on January 20, 2026. The primary amendment concerns Item No. 2, specifically Point No. (xiii), detailing a transaction involving the transfer of shares for consideration other than cash. As per the corrigendum, Mr. Jagjit Gouri, a promoter of M/s Automech Group Holding Limited, will transfer 2162 equity shares at a price of ₹727,504.1612 per share, representing 21.62% of M/s Automech Group Holding Limited, to Rama Steel Tubes Limited. The total purchase consideration for this 21.62% stake in M/s Automech Group Holding Limited amounts to ₹157,28,63,996.50 (157.29 crore). This consideration will be discharged through the issuance of 15,34,50,146 equity shares of Rama Steel Tubes Limited. The company also clarified that the post-shareholding percentage mentioned in the original notice was calculated on a fully diluted capital basis. This corrigendum will be read in conjunction with the original EGM notice and is available on the company's website (www.ramasteel.com) and the websites of the NSE and BSE. All other terms and contents of the EGM notice remain unchanged, except as modified by this corrigendum.
