RAMRATNSERam Ratna Wires LimitedHighPositive
Announced Mon, 23 Jun · 19:05 IST

Ram Ratna Wires Limited has informed the Exchange that Record date for the purpose of Dividend for FY 2024-25 is 18-Aug-2025.

Corporate Actions View source PDF

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AI summary

The Board of Directors, at its meeting on June 23, 2025, approved revised audited standalone and consolidated financial results for Q4 and FY25 after the NCLT sanctioned the merger of subsidiary Global Copper Pvt. Ltd. into the company, effective from the retrospective appointed date of April 1, 2024. Under the merger, shareholders of Global Copper (other than the company) will get 6 fully paid-up equity shares of Rs 5 each for every 1 share of Rs 10 held in Global Copper, with the record date for this swap set as June 25, 2025. The 33rd Annual General Meeting is scheduled for August 29, 2025 via video conferencing, and August 18, 2025 has been fixed as the record date for determining dividend entitlement for FY25. Post-merger FY25 revenue stood at Rs 3,62,267.94 lakhs with profit after tax of Rs 7,172.32 lakhs and EPS of Rs 15.39. The Board has recommended a final dividend of Rs 2.50 per share (50%) on the Rs 5 face value, subject to shareholder approval.

Likely market impact

The revised numbers reflect a meaningfully larger company post the Global Copper merger, with FY25 revenue up about 22% and PAT up nearly 20% versus prior year on a like-to-like basis. Shareholders of Global Copper will receive the 6:1 share swap, while existing Ram Ratna Wires shareholders are eligible for the Rs 2.50 per share dividend if they hold shares on the August 18, 2025 record date.