Ram Ratna Wires Limited has informed the Exchange about appointment of Senior Management Personnel of the Company.
RAMRAT · price
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On the reaction day the stock moved 2.4 pts more than Nifty Microcap 250 and 2.5 pts more 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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On June 23, 2025, Ram Ratna Wires' Board approved three key appointments. Shri Hitesh Laxmichand Vaghela was appointed as Whole Time Director (Executive Director) for a 5-year term (till June 22, 2030). He previously led Global Copper Pvt Ltd (GCPL), a former material subsidiary that has now merged with the company, and has over a decade of experience in the copper tube industry. Two Vice Presidents were also appointed as Senior Management Personnel: Shri Sudhir Ramnarayan Kasat (35 years in electrical industry, ex-GCPL VP handling magnet wires sales) and Smt. Usha Vaghela (ex-GCPL Sr. Manager for plant operations). All appointments are effective from June 23, 2025, with the director appointment subject to shareholder approval.
These appointments bring in leadership from the recently merged GCPL subsidiary, suggesting integration is progressing. Shareholders should note that Smt. Usha Vaghela is the wife of the newly appointed Executive Director, indicating a promoter-family member joining senior management alongside her spouse's board entry.