StockWatch
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Other Electrical Equipment
Acquisitions29 Oct 2026, 05:53 pm

Ram Ratna Wires Acquires 100% Stake in Epavo Electricals

AI Summary

Ram Ratna Wires Limited has acquired the remaining 50% stake in its joint venture company, Epavo Electricals Private Limited, from Epack Durable Limited. The acquisition, approved by the Board of Directors on October 29, 2026, will make Epavo a wholly-owned subsidiary of Ram Ratna Wires. Epavo is engaged in the manufacturing of Brushless Direct Current (BLDC) motors and air-movement solutions. The company's turnover for FY 2025-2026 was ₹2,540.35 lakhs. Ram Ratna Wires believes this move aligns with its strategy to increase participation in the electric motor value chain and leverage its core product, winding wires.

Key Highlights

  • Ram Ratna Wires acquires 100% of Epavo Electricals from JV partner Epack.
  • Epavo manufactures BLDC motors and air-movement solutions.
  • Acquisition aims to strengthen participation in the electric motor value chain.
  • Epavo's FY26 turnover was ₹2,540.35 lakhs.
  • Epavo becomes a wholly-owned subsidiary post-transaction.