Rama Steel Tubes and unit to acquire Automech Group for AED 296M

Rama Steel Tubes Ltd and its subsidiary RST International Trading FZE will jointly acquire Automech Group Holding Limited, a UAE-based engineering conglomerate, for AED 296 million (approx. ₹728 crore). The board approved the deal on December 11, 2025.

“Rama Steel Tubes Ltd (RSTL) announced that its board has approved the joint acquisition of Automech Group Holding Limited.”indiainfoline.com

• 1 source
• indiainfoline.comRama Steel Tubes, and unit to acquire Automech Group | India InfolineDec 12, 2025

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