Postal Ballot results: Bonus shares and capital increase approved
RAMRAT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 1.2 pts less than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Ram Ratna Wires shareholders approved two resolutions via postal ballot: increase in authorized share capital to Rs 50 Crore (10 Crore equity shares of Rs 5 each), and issuance of bonus equity shares to members. Both passed with over 99.99 percent votes in favor. About 73.65 percent of total shares participated in voting. Cut-off date was November 14, 2025.
Positive for shareholders - bonus share issuance approved, which will increase share count. Bonus ratio and record date details are awaited.