Rama Phosphates Limited — Board Meeting, 13-11-2024: Outcome of Board Meeting

The Board of Directors has approved financial results reflecting a net profit of ₹3.08 crore for the quarter ended September 30, 2024, a significant increase from ₹0.67 crore for the same period last year. For the half-year, net profit stands at ₹9.78 crore compared to ₹1.00 crore the previous year. The meeting also included the adoption of a new set of Articles of Association and a proposed split of equity shares from ₹10 to ₹5 face value, subject to shareholder approval via postal ballot. These initiatives aim to enhance liquidity and broaden the shareholder base.