Ram Ratna Wires Limited , a leading manufacturer of super enameled copper winding wires in India, has announced a significant development in its expansion plans. The company has received approval for its Bhiwadi plant under the Rajasthan Investment Promotion Scheme (RIPS) 2024, marking a crucial step in its growth strategy.

Key Highlights of the Approval

• Scheme: Rajasthan Investment Promotion Scheme (RIPS) 2024
• Location: Bhiwadi, Rajasthan
• Approved Eligible Fixed Capital Investment (EFCI): ₹186.77 crore

Benefits Under the Scheme

The approval under RIPS-2024 is expected to significantly boost Ram Ratna Wires' manufacturing capabilities and operational efficiency. The Bhiwadi facility is poised to become a major growth driver for the company, allowing it to serve high-demand markets more effectively.

Strategic Importance

The incentives provided under the scheme are set to enhance the company's cost competitiveness and contribute to its profitability. This approval aligns with Ram Ratna Wires' strategy to strengthen its leadership position in the industry.

Shri Mahendrakumar Kabra, Managing Director at Ram Ratna Wires Ltd., expressed enthusiasm about the approval, stating, "The incentives under the scheme will help us optimize costs and reinvest in technology and capacity expansion. The plant is well positioned to capitalize on the copper tube segment, which plays a crucial role in India's rapidly growing air conditioning industry and offers significant growth opportunities."

Financial Implications

The company anticipates considerable incremental revenue from the Bhiwadi plant starting this financial year. This is expected to contribute meaningfully to profitability and reinforce the company's growth trajectory.

Company Overview

Ram Ratna Wires Ltd., founded in 1992, is a part of RR Global, a leading conglomerate in the electrical and copper industry. The company offers a wide range of products under its brand, RR Shramik, including copper, aluminum, and submersible winding wires. Ram Ratna Wires is also expanding its portfolio with in-house production of copper tubes and pipes, while venturing into BLDC motors, hub motors, HVLS fans, and wind tower fabrication through its subsidiary and JV companies.

This approval under the Rajasthan Investment Promotion Scheme 2024 marks a significant milestone for Ram Ratna Wires, potentially setting the stage for enhanced growth and market presence in the coming years.

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:

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.