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Bharat Wire Ropes Limited is engaged in the business of manufacturing Steel Wire, Wire Ropes, Strands and Slings.
Lloyds Metals and Energy and Lloyds Enterprises acquired approximately 0.36 Cr shares of Bharat Wire Ropes via open market. This increases their combined stake to 5.77%, signaling growing investor interest. This significant stake build-up could influence future company strategy.
Bharat Wire Ropes' Board has approved a revised internal policy for timely and fair disclosure of market-sensitive information. This move aims to strengthen compliance and enhance transparency regarding unpublished price data, a positive for governance.
Bharat Wire Ropes will hold its 39th Annual General Meeting virtually. Shareholders can access the AGM notice and FY24-25 Annual Report via company web links. Physical shareholders are required to complete mandatory KYC, including PAN and bank details, with the RTA.
Bharat Wire Ropes filed its FY25 Business Responsibility & Sustainability Report. The company divested its 26.72% stake in associate Mitcon Solar Alliance. Accounts payable days increased significantly to 16.38 from 6.81.
Bharat Wire Ropes Limited has announced a board meeting on February 3, 2025, where it approved the financial results for the quarter ended December 31, 2024. Revenue from operations for the quarter increased to ₹16,182.17 crore, reflecting a growth of 2.70% compared to ₹15,720.27 crore in the same quarter last...