Ratnamani Metals & Tubes Approves ₹14/Share Dividend at AGM

About this update from Ratnamani Metals & Tubes Ltd.

Ratnamani Metals & Tubes' board has approved a dividend of ₹14 per equity share for the financial year ended March 31, 2025. The announcement was made at the company's 41st Annual General Meeting (AGM) held on September 9, 2025.The board also ratified the remuneration payable to M/s. N. D. Birla & Co., Cost Accountants, as the Cost Auditors for the financial year ending March 31, 2026.Dividend DetailsParticularsDetailsDividend per share₹14.00Total no. of equity shares7,00,92,000Face Value₹2/- eachFinancial Year EndedMarch 31, 2025In addition to the dividend announcement, the shareholders approved the re-appointment of Shri Jayanti M. Sanghvi as a Director. M/s. M. C. Gupta & Co., Company Secretaries, has been appointed as the Secretarial Auditor for a term of 5 consecutive years commencing from April 1, 2025 through March 31, 2030.The meeting, conducted through video conferencing, commenced at 10:35 a.m. IST and concluded at 11:12 a.m. IST. Shri Prakash M. Sanghvi, Chairman and Managing Director, chaired the proceedings.The board also authorized the issuance of Redeemable Non-Convertible Debentures/Bonds up to ₹500 Crores through private placement. The dividend, if declared and approved by the Members, shall be payable on or before Wednesday, October 8, 2025, that is within the statutory time limit, from the date of this AGM.

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