Ram Ratna Wires: Promoter Group Completes Share Transfer via Amalgamation Scheme
Ram Ratna Wires Limited has executed a 3.16% stake transfer within its promoter group through a scheme of amalgamation approved by NCLT Mumbai. The transfer involves 14,75,372 shares, with Jag-Bid Finvest and Ram Ratna Research and Holdings transferring their stakes to Hemlata Home Solutions. Despite this internal restructuring, the overall promoter group holding remains unchanged at 68.93% of the total equity share capital.

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Ram Ratna Wires Limited , a prominent player in the wire and cable industry, has announced a significant change in its shareholding structure within its promoter group. The restructuring, which was executed through a scheme of amalgamation, has resulted in the transfer of a 3.16% stake while maintaining the overall promoter group holding.
Key Details of the Transaction
Entities Involved:
- Ram Ratna Research and Holdings Private Limited
- Jag-Bid Finvest Private Limited
- Hemlata Home Solutions Private Limited
Transaction Overview:
- A total of 14,75,372 shares, representing a 3.16% stake in Ram Ratna Wires Limited, were transferred.
- The transfer was executed through a scheme of amalgamation approved by the National Company Law Tribunal (NCLT), Mumbai Bench.
Approval and Execution Dates:
- NCLT Approval Date: September 11, 2025
- Execution Date: October 1, 2025
Impact on Shareholding
The share transfer has resulted in the following changes:
Entity | Pre-Transfer Holding | Post-Transfer Holding |
---|---|---|
Jag-Bid Finvest Private Limited | 3.16% | 0.00% |
Ram Ratna Research and Holdings Private Limited | 14.58% | 0.00% |
Hemlata Home Solutions Private Limited | Not disclosed | Acquired shares from both entities |
Promoter Group Holding
Despite the internal transfer, the overall promoter and promoter group holding remains unchanged:
- Total Promoter Group Holding: 3,21,39,492 equity shares
- Percentage of Total Equity: 68.93%
- Total Equity Share Capital: INR 23,31,32,680
Regulatory Compliance
The transaction was conducted in compliance with SEBI regulations, specifically under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company has duly informed the BSE Limited and the National Stock Exchange of India Limited about this development.
Conclusion
This internal restructuring within Ram Ratna Wires' promoter group demonstrates the company's commitment to streamlining its ownership structure. While the move doesn't affect the overall promoter holding, it signifies a strategic realignment within the group. Investors and market watchers may want to note this change, although it does not impact the company's operations or the public shareholding pattern.
As Ram Ratna Wires continues to navigate the dynamic wire and cable industry, such corporate actions reflect the ongoing efforts to optimize its organizational structure.
Historical Stock Returns for Ram Ratna Wires
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.45% | -2.28% | -13.40% | +12.51% | -3.37% | +432.32% |