News

Ramasigns Industries Makes Part Payment on Non-Convertible Debentures

Ramasigns Industries Limited has made a part payment of Rs. 18,84,000 towards interest and principal on its unsecured redeemable non-convertible debentures (NCDs) issued on private placement basis. The payment was due on October 31, 2025, for NCDs listed on BSE Debt Segment with ISIN INE650D08013. The company informed BSE Limited about this payment in compliance with SEBI listing regulations.

Sunanda Prashaant Shah Resigns as Independent Director from Ramasigns Industries Limited

Sunanda Prashaant Shah has resigned from her position as Independent Director of Ramasigns Industries Limited with immediate effect. The resignation is attributed to preoccupation and inability to dedicate adequate time to the company. Shah confirmed there are no other material reasons for her resignation beyond those mentioned. She expressed gratitude to the Board of Directors and management team for their support during her tenure and wished the company continued success. Shah holds no other directorships in any companies or board committees.

Ramasigns Industries Approves Q2 2025 Results, Appoints New Director and Auditor

Ramasigns Industries Limited held a board meeting on August 14, 2025, approving unaudited standalone financial results for the quarter ended June 30, 2025. The board appointed M/s Pooja Gandhi & Co as Secretarial Auditor for a five-year term from FY 2025-26 to FY 2029-30, subject to member approval. Bipin Sikligar (DIN: 11242214) was appointed as Additional Non-Executive Independent Director for five years, also subject to shareholder approval. The 69-year-old commerce graduate brings management and administration experience. Additionally, Prashaant Manoharlal Jain (DIN: 08463864) resigned as Independent Director due to preoccupation and inability to dedicate adequate time, also stepping down from the Audit Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee. The board meeting ran from 2:30 PM to 4:15 PM.

Ramasigns Industries Reports Strong Q1 Turnaround with Rs 63.02 Lacs Profit, Announces Key Board Changes

Ramasigns Industries Limited reported a significant turnaround in its quarterly results for the quarter ended June 30, 2025, posting a profit of Rs 63.02 lacs compared to a loss of Rs 101.64 lacs in the same period last year. Revenue from operations declined to Rs 19.33 lacs from Rs 109.39 lacs year-over-year, while other income surged to Rs 140.66 lacs from Rs 0.12 lacs. The company's board approved several key appointments during its August 14, 2025 meeting, including the appointment of M/s Pooja Gandhi & Co as Secretarial Auditor for five years and Bipin Sikligar as Additional Non-Executive Independent Director. Prashaant Manoharlal Jain resigned from his position as Non-Executive Independent Director citing better career opportunities. The auditor's review highlighted that the company failed to comply with debenture trust deed covenants and missed interest and principal payments to debenture holders for December 2024. Outstanding debenture proceeds stood at Rs 3.17 crores as of June 30, 2025.

Ramasigns Industries Makes No Payment on Rs 19.15 Lakh NCD Obligation

Ramasigns Industries Limited reported no payment against its due obligation of Rs 19,15,500 for Unsecured Redeemable Non-Convertible Debentures with due date of July 31, 2025. The NCDs are listed on BSE Debt Segment under ISIN INE650D08013 and were issued through private placement. The company disclosed this as a part payment of interest and principal, though the actual payment made was nil.