Intimation under Regulation 30 of SEBI (LODR) Regulation, 2015
RAJRATAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rajratan Global Wire Ltd's wholly owned subsidiary, Rajratan Thai Wire Co. Limited, has acquired land measuring 2.42 acres along with a building of 3,053.5 square metres in Ratchaburi, Thailand. The acquired property is located near the subsidiary's existing manufacturing facilities. The company states this acquisition aligns with its long-term expansion strategy and will strengthen operational capabilities. This is a disclosure under SEBI Regulation 30 for material transactions.
Positive for shareholders as the acquisition expands the company's manufacturing footprint in Thailand, potentially increasing production capacity and operational efficiency.