Ram Ratna Wires Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 29, 2025. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.
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Ram Ratna Wires Limited held its 33rd Annual General Meeting on August 29, 2025 via video conferencing, with 64 members present out of 18,441 shareholders on record. All 11 resolutions were passed with the requisite majority, with virtually no dissent (over 99.99% in favour across most resolutions). Key approvals included adoption of revised audited standalone and consolidated financial statements for FY2024-25, declaration of a dividend of Rs. 2.50 per equity share (face value Rs. 5), appointment of M/s. Khanna & Co. as Secretarial Auditors for five years (FY2025-26 to FY2029-30), change in remuneration of Managing Director Mahendrakumar Kabra, and appointments of Hemant Kabra as Joint Managing Director, Sumeet Kabra and Hitesh Vaghela as Executive Directors, Sanjay Agarwal as Independent Director, and Usha Vaghela as Vice President (Copper Tube, Vadodara Division). The Scrutinizer confirmed no invalid votes were cast and both the Statutory and Secretarial Auditors' reports contained no qualifications or adverse remarks.
All resolutions passed with overwhelming shareholder approval, including a Rs. 2.50 per share dividend and continuity in leadership with family members being elevated to key executive roles. The near-unanimous voting and absence of any dissent signal strong shareholder confidence, with minimal likelihood of stock price disruption from the AGM outcome.