Today, the board of directors (BOD) of the Ram Ratan has to approve the bonus issue in the financial result for the June quarter. Also, the BOD considered and approved the increase of the company’s authorised share capital and the modification of Clause V of the memorandum of association (MOA) of Ram Ratan, given approval by board members. Ram Ratna Wires manufactures enamelled copper winding wires under the RR Sharmik brand.

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Ram Ratan had reported a 68.61 per cent rise in consolidated net profit to Rs 16.49 crore on a 16.11 per cent increase in sales to Rs 637.19 crore in Q4 FY22 over Q4 FY21.