Announced Thu, 29 May · 18:06 IST
Ram Ratna Wires Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2025, recommended Final Dividend of Rs. 2.50 per equity share.
Corporate Actions View source PDF
RAMRAT · price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
The Board of Directors of Ram Ratna Wires Limited, at its meeting held on May 29, 2025, has recommended a Final Dividend of Rs. 2.50 per equity share for its shareholders. This dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The record date and payment timeline will be communicated separately by the company.
Likely market impact
This is a positive development for shareholders as it provides direct cash returns. The dividend signals the company's profitability and stable cash flow generation, which may support investor sentiment around the stock.