Ram Ratna Wires Limited has informed the Exchange regarding Appointment of Mr Hitesh Laxmichand Vaghela as Executive Director of the company w.e.f. Jun 23, 2025.
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Ram Ratna Wires Limited has appointed Mr. Hitesh Laxmichand Vaghela as a Whole Time Director designated as Executive Director for a 5-year term starting June 23, 2025, subject to shareholder approval. Mr. Vaghela previously led Global Copper Private Limited (GCPL), a former material subsidiary that has since merged with the company, and brings over a decade of experience in the copper tube industry. Additionally, Mr. Sudhir Ramnarayan Kasat has been appointed Vice President (SMP), and Mrs. Usha Vaghela has been appointed Vice President – Copper Tube, Vadodara Division (SMP). All appointments are effective June 23, 2025, and were approved by the Board based on recommendations of the Nomination and Remuneration and Audit Committees.
This is a routine leadership restructuring following the merger of GCPL into the company, with key personnel from the merged entity being integrated into the leadership team. Shareholders should note that Mrs. Usha Vaghela, appointed as SMP, is the wife of the newly appointed Executive Director Mr. Hitesh Vaghela, which is a related-party appointment worth monitoring from a governance standpoint.