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Rama Steel Tubes intimates of incorporation of step down subsidiary in Nigeria

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Rama Steel Tubes announced that RST International Trading FZE, Dubai, a wholly owned subsidiary of the Rama Steel Tubes, has incorporated 'RST Industries Limited', as subsidiary company in the Federal Republic of Nigeria to tap business opportunities and to cater diversified demand of the customers in that region.

RST International Trading FZE holds 90% shares in RST Industries.

Consequently, RST Industries Limited has become a step down subsidiary of the Company.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, September 20 2019. 17:55 IST