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Ram Ratna Wires Limited has announced a board meeting. The merger with its subsidiary Global Copper Private Limited will be retroactive to April 1, 2024, aiming to consolidate copper product manufacturing and boost efficiency. The combined entity targets better profitability through cost synergies in procurement, logistics, and marketing, while strengthening its market position amid rising demand for copper tubes in air conditioners. Ram Ratna Wires will also manage pending GST tax demands of the subsidiary.