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, a small-cap Indian steel tubes and pipes maker that has been on traders’ radars for its long-term multibagger run, is attempting a major strategic leap beyond commodity manufacturing. The company has announced a joint acquisition—along with its wholly owned UAE arm—of Automech Group Holding Limited, a UAE-based engineering and industrial services group, for a total consideration of AED 296 million. Business Standard+1