Ram Ratna Wires Board Approves Q2 FY27 Results, Acquires 100% of Epavo Electricals
Ram Ratna Wires reported its Q2 FY27 results. The company approved acquiring 100% of Epavo Electricals and investing up to ₹50 Crores in land in Rajasthan for expansion. The Board meeting concluded on October 29, 2026.
The acquisition of a wholly-owned subsidiary and a significant land purchase for future expansion are material events that can significantly impact the company's future growth and financial performance.
The company reported its financial results and approved strategic acquisitions and investments, which are generally viewed positively by the market.
Ram Ratna Wires Limited announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The Board of Directors, in their meeting held on October 29, 2026, approved these results.
In a significant strategic move, the company also approved the acquisition of an additional 50% of the paid-up equity share capital of Epavo Electricals Private Limited from Epack Durable Limited. This acquisition will increase Ram Ratna Wires' shareholding in Epavo from 50% to 100%, making Epavo a wholly-owned subsidiary. The company has also earmarked an investment of up to ₹50 Crores for land acquisition in Rajasthan to support future expansion and business development.
The Board meeting commenced at 02:30 p.m. (IST) and concluded at 04:04 p.m. (IST).
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Ram Ratna Wires Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Ram Ratna Wires Limited. Read the original for the full detail.