RAMRATNSERam Ratna Wires LimitedHighPositive
Announced Tue, 26 May · 17:56 IST

Ram Ratna Wires Limited has informed the Exchange that Board of Directors at its meeting held on May 26, 2026, recommended Dividend of Rs. 2.50 per equity share.

Corporate Actions View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-10.1%1-day move
₹475.90
prior close
₹510.00
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AI summary

Ram Ratna Wires Limited's Board of Directors recommended a dividend of Rs. 2.50 per equity share (50% of face value ₹5) for FY2026, pending shareholder approval at the 34th AGM on August 4, 2026. The company reported strong full-year performance with revenue from operations of walking up from ₹3.62 lakh crore to ₹5.08 lakh crore, and profit after tax rising 51% to ₹10,832.08 lakhs. EPS improved significantly to ₹11.61 from ₹7.70 year-over-year. The company also previously allotted 4,66,74,536 fully paid-up bonus equity shares in a 1:1 ratio as of December 26, 2025. The filing notes a contingent income tax demand of ₹6,790.77 lakhs (plus ₹3,149.05 lakhs interest) for Assessment Years 2021-2025, which management believes is legally sustainable.

Likely market impact

The dividend declaration signals financial health and shareholder returns, while the robust profit growth and bonus allotment reflect positive business momentum. However, the undisclosed income tax demand represents a potential risk factor for investors to monitor.