Ram Ratna Wires has received approval for the acquisition of additional 4% of the paid-up share capital of Tefabo Product (Tefabo), a subsidiary of the company. The additional investment in Tefabo is by way of acquisition of 1,20,000 equity shares of Rs 10 each fully paid-up from existing shareholder of Tefabo. With this acquisition the company will hold 64% of the total paid-up share capital of Tefabo.
The proposed acquisition of an additional 4% stake is aimed at further consolidating its control and deepening strategic alignment. Tefabo continues to supply critical mechanical components to leading domestic and international players in these sectors, and the increased shareholding will support enhanced collaboration, operational synergies, and long-term value creation.
The Board of Directors of the Company at their meeting held on May 29, 2025, has approval the same.
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.
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