NSE:RAMASTEEL 15 December 2025

Rama Steel Tubes to Acquire UAE’s Automech Group for ₹728 Crore: Deal Terms, Share Swap, and Stock Price Today (Dec 15, 2025)

Rama Steel Tubes Ltd and its UAE subsidiary will jointly acquire 100% of UAE-based Automech Group Holding Limited for AED 296 million (about ₹728 crore), split between cash and a share swap. RST International Trading FZE will take 78.38%, while Rama Steel Tubes will hold 21.62%. The deal is expected to close in five to six months, pending approvals.

15 December 2025

BSE:539309·Mergers & Acquisitions·NSE:RAMASTEEL·Stock Market

Super Micro Computer shares plunge 12% after DOJ indicts company officials over export violations
March 19, 2026, 11:41 PM EDT. Super Micro Computer's stock plunged 12% in after-hours trading following the U.S. Justice Department's charges against three company officials, including a co-founder. Prosecutors allege these individuals conspired to illegally export NVIDIA AI technology to China, violating U.S. export control laws. The stock fell from $30.79 to $27.14 per share. The Nasdaq-listed company clarified it is not charged, emphasizing its ongoing cooperation and robust compliance program. Two accused officials have been placed on administrative leave, while one remains a fugitive. The indictment marks a serious regulatory crackdown on illegal AI tech exports, sparking investor concern and sharp sell-offs for Super Micro Computer shares.