Rajratan Global Wire Shareholders Approve Key Appointments and Auditor Selection 2 days ago
Rajratan Global Wire Limited held its 37th Annual General Meeting, approving several important decisions. Shareholders re-appointed Mrs. Alka Arora Misra and Mr. Sanjeev Sood as Independent Directors, and appointed Mr. Sandeep Mahajan as a new Independent Director. Mr. Palash Jain & Co. was selected as the Secretarial Auditor for a five-year term. The meeting saw strong shareholder participation with 77.10% of total shares voted and resolutions passed with over 99% majority. Other approved items included financial statement adoption, dividend declaration, and cost auditor remuneration ratification.
Rajratan Global Wire Reports 12% Revenue Growth to Rs 246.51 Crores in Q1 Jul 22, 2025
Rajratan Global Wire Targets 50%+ Utilization at Chennai Plant, Eyes Q3 Break-Even Jul 21, 2025
Rajratan Global Wire Limited Announces Major Board Reshuffle with New Independent Director Appointments Jul 21, 2025
Rajratan Global Wire Reports Mixed Q4 Results, Recommends Final Dividend
Rajratan Global Wire Limited reported a 4.17% increase in Q4 FY2023 revenue to ₹2.50 billion, but saw a 24.75% year-over-year decline in net profit to ₹152 million. The company's Board recommended a final dividend of ₹2.00 per equity share and approved a ₹50 crore capacity expansion plan, aiming to enhance black wire production and introduce a new product line.
Rajratan Global Wire Limited reported Q4 FY2023 results with revenue up to ₹2.50 billion but net profit down to ₹152.00 million. The company announced plans to expand black wire production capacity by 12,000 TPA with a ₹500.00 million investment. A final dividend of ₹2.00 per share was recommended. Mr. Sanjeev Sood was re-appointed as an Independent Director for a five-year term.
24Mar 25
Rajratan Global Wire Shares Surge 5% on Investor Meet Announcement Amid Q3 Challenges
Rajratan Global Wire Limited's stock increased by nearly 5% following the announcement of its participation in the Bharat Connect Conference on March 27, 2025. This comes despite a challenging Q3 FY2025, where net profit dropped by 50% and revenue decreased by 6% year-on-year. The stock remains over 50% below its 52-week high. The company will engage in virtual group meetings with analysts and investors, adhering to regulatory compliance by not sharing unpublished price-sensitive information.