Ramasigns Industries Share Price

Ramasigns Industries Limited was originally incorporated on March 31, 1981 as a Private Limited Company in the name of Ram Decorative and Industrial Laminates Limited. The Company got converted into a Public Limited Company and was renamed as Rammaica India Limited on July 13, 1992 and again from Rammaica India Limited to Ramasigns Industries Limited w.e.f. 23rd November, 2017. Ramasigns Industries is a trading company, which deals in trading of printing consumables like Flex, Vinyls, Sunboards, Lamination, One Way Vision, Foam Sheet, Corrugated Sheet, Inkjet Media, Eco Solvant Media etc.. Over the years, the Company developed various policies in providing innovative products to enhance the corporate advertising and marketing. In 1957, the company started trading in laminates, plywood and other allied materials under the name Ram Company. The company manufactures and markets decorative and industrial laminates under the Rammaica, Ramopal and Ramlam brands.The Company tapped the capital market in Feb.94 to partfinance its diversificationcumexpansion. It implemented a project to manufacture industrial laminates and increase capacity of decorative laminates. It set up cargo and courier division which were discontinued in 199596 due to uneconomical operation. The Company changed the main object clause to dealing in Flex, Vinyl, other Printing related media, etc. in 201516.During year 201617, M/s Artlink Vintrade Limited, Promoter of the Company, agreed to sell their entire equity stake in the Company to Mr. Pankaj Hashukh Jobalia and Mr. Jitendra Sharma, Directors of the Company by way of a Share Purchase Agreement dated 27th December, 2016. Consequent to the same, Mr. Pankaj Hasmukh Jobalia and Mr. Jitendra Sharma made an open offer. After the receipt of SEBIs approval, the open offer completed on 11th May, 2017. After the said Open Offer, Mr. Pankaj Hasmukh Jobalia and Mr. Jitendra Sharma held 34,44,179 and 11,47,526 Equity Shares respectively aggregating 48.20% of the Equity Capital of the Company. Accordingly, Artlink Vintrande Limited ceased to be promoter of the Company and Mr. Pankaj Hasmukh Jobalia and Mr. Jitendra Sharma became new Promoters of the Company.The Company issued and allotted 10,10,000 Equity Shares of Rs. 10 each upon the conversion of share warrants, held by the Promoters of Company on 25th March, 2019.

For the full year FY2011–2012, revenue reached ₹4.5 crore and profit touched at ₹0.28 crore.