Ram Ratna Wires Limited — Important, 01-07-2025: Agreements

Ram Ratna Wires Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company completed acquiring an additional 4% stake in its subsidiary, Tefabo Product Private Limited, increasing its holding to 64%. The purchase was made from Mr. Anup Balkrishna Vaidya, who retains 36%. The transaction, a related party deal, was approved by the Audit Committee and Board and conducted at an arm’s length price. No new special rights were acquired with this stake increase.