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Ram Ratna Wires enters into loan agreement with Epavo

06 Feb 2025 Evaluate

Ram Ratna Wires has entered into a loan agreement with Epavo Electricals (Epavo), a joint venture company, on February 6, 2025. The company has granted an unsecured loan of Rs 15 crore to Epavo to support its business activities, to meet capital and operational expenditure and other business requirements. The company holds 50% stake in Epavo's paid-up share capital.

Ram Ratna Wires  is engaged in manufacturing of enamelled copper winding wires.The product range of the company includes: Enamelled copper winding wires, Modified polyester copper wires, Polyesterimide wires, Polyurethane self solderable wires and Dual coated wires.


Peers
Company Name CMP
Waaree Energies 2491.80
Apar Industries 17767.45
Havells India 1095.00
Suzlon Energy 40.78
Siemens 3874.65
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