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Ram Ratna Wires Ltd. Company History and Annual Growth Details

The company was originally incorporated as Ram Ratna Winding Wires Pvt. Limited on 21st July, 1992. Subsequently the Company was converted from Private Limited to Public Limited as well as changed its name to Ram Ratna Wires Ltd. by passing a Special Resolution dated 18th November, 1992 and a fresh certificate of incorporation consequent of change of name was obtained from Registrar of Companies, Maharashtra, Bombay.

The promoters intended to proceed with the project only after December '93/January, 1994 and approached IDBI, Ahmedabad for term financing. IDBI has appraised the project when each of the critical success factors for the success of the business have been evaluated, such as background of the promoters, managerial competence, marketing strengths, the performance of the group companies engaged in the same line of business etc.

PRESENT BUSINESS:

The company is presently implementing the project at Survey No.212, village Dadra, UT of Dadra and Nagar Haveli for the manufacture of Super Enamelled Copper Winding Wires and Submersible Copper Wires. The Company has obtained a letter of acknowledgement No.284/SIA/IMO/93
dated 2nd February, 1993, from Govt. of India, Ministry of Industry, Department of Industrial Development Entrepreneur Assistance Unit.

2003

-Ram Ratna recommended a Dividend of 5%

2004

-The Company has recommended a dividend of 10%

2005

-The Company has successfully commenced the production at the Company's new unit-'Salasar Copper'-at Silvassa in the Union Territory of Dadra & Nagar Haveli.

-Ram Ratna has recommended a dividend of 12.50%

2006

-Ram Ratna has recommended a dividend of 12.50%

2007

-Ram Ratna has recommended a dividend of 7.50%

2008

-Ram Ratna Wires has designed E-mail ID for Investors Complaints as [email protected]

2009

-Ram Ratna has recommended a dividend of 7.50%

2010

-Company has splits its Face value of Shares from Rs 10 to Rs 5

2011

-The company has Recommended Dividend of Rs. 1/- per share (20%)

2012

-Ram Ratna Wires has recommended a payment of dividend of Rs. 0.75/- per share of Rs. 5/- each (i.e. 15%)

2013
-Ram Ratna Wires Ltd has considered and approved the recommendation of Dividend of Re. 0.75 per share (15%) on the Paid-up Equity Share.

2014
-Ram Ratna Wires Ltd has considered and approved the Recommendation of Dividend of Rs. 0.75 per share (15%) on the Paid-up Equity Share.

2016
-RR KabelÂs has won the award for the Best Stall Design in the category of Bare Space for the stall at Elecrama 2016.

2022
-The Company has issued Bonus Shares in the Ratio of 1:1.

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