Ramco Industries Ltd — Capital/Financing Update 2021

May 28, 2021

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Ref. No.SEcorres/Reg30/2021-22 28.5.2021

National Stock Exchange of India Limited Exchange Plaza, 5[th] Floor Bandra-Kurla Complex, Bandra (E) Mumbai - 400 051 Scrip Code: RAMCOIND EQ BSE Limited Floor 25, “P.J.Towers” Dalal Street – Mumbai 400 001 Scrip Code: 532369

Dear Sirs,

Sub: Intimation under Regulation 30(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Company has invested Rs.9,50,94,028/- in the Capital of Lynks Logistics Limited by way of subscribing to 9,50,94,028/- equity shares of Re.1/- each, through their Rights Issue.

Consequent to the investment, the total shareholding of our Company in Lynks Logistics Limited is 38,03,78,615 shares of face value of Re.1/- each constituting 29.26% of its paid up share capital. The disclosure required under Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015 is enclosed.

We request you to kindly take the above on record.

Thanking you

Yours faithfully For RAMCO INDUSTRIES LIMITED

BALAMURUGASU Digitally signed by BALAMURUGASUNDARAM NDARAM Date: 2021.05.28 17:30:56 +05'30' S. Balamurugasundaram Company Secretary & Legal Head

Encl. : a.a.

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The disclosure required under Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015.

Name of the target entity, details in brief such as size, turnover, etc.		Lynks Logistics Limited CIN : U60200TN2015PLC103367 Turnover for the year ended 31.3.2021 is Rs.79.70 Crores . Provisional
Whether the acquisition would fall within related party transactions(s) and whether the promoter/ promoter group/group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at arm’s length.		Yes. The Company is promoted by The Ramco Cements Limited and other promoters of Ramco Group of Companies. The break-up of the paid up share capital Company, subsequent to theRightsIssueis asfollows: Name of the Shareholder No. of Shares % in the share capital PROMOTERS Mr.P.V.Abinav Ramasubramaniam Raja 18,17,68,877 13.98% Mr.P.R.Venketrama Raja 12,01,57,878 9.24% The Ramco Cements Limited 49,95,16,202 38.43% RamcoIndustriesLimited 38,03,78,615 29.26% Ramco Industrial and Technology Services Limited 19,00,000 0.15% Others 11,60,81,074 8.94% Total 1,29,98,02,646 100.00% The investment is made at face value and is at arm’s length basis and byway ofparticipation intheRightsIssue.
Industry to which the entity being acquired belongs		Logistics
Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity)		The object of the Lynks Logistics Limited is to enter into the business of aggregators in logistics field. The object of the venture is to develop a web based platform, which would provide a link between the transporters and the persons availing such transport service. The experience in logistics of Group Company viz. The Ramco Cements Limited can be leveraged for the operation of this new venture and for mutual benefit.
Brief details of any governmental or regulatory approvals required for the acquisition		None

Indicative time period for completionofthe acquisition		Completed on 27.05.2021	Completed on 27.05.2021	Completed on 27.05.2021
Nature of consideration – whether cash consideration or share swap and details of the same		Cash
Cost of acquisition or the price at which the shares are acquired		Rs. 9,50,94,028/- (Rupees Nine Crores fifty lakhs ninety four thousand twenty eight only) for 9,50,94,028 shares of Re.1/-each.
Percentage of shareholding/ control acquired and/or number of shares acquired				% of holding in the capital 23.78 29.26
			No. of shares	% of holding in the capital
		Holding prior to Rights Issue	28,52,84,587	23.78
		Acquired on 27.3.2021	9,50,94,028
		Holding Post Rights Issue	38,03,78,615	29.26
Brief background about the entity acquired in terms of products / line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief)		Lynks Logistics Limited was incorporated on 18.12.2015, for providing technology platform to link supply and demand of goods transportation in a timely location aware way. This is an “Aggregator” or “Service Provider” to link Providers of Transport Service and Availers of Transport Service, through modern technology platforms. The Registered Office is at Chennai. The history of Turnover for the last 3 years are as follows :- Year ended Turnover (Rs. In Crores) 31.03.2021 79.70 31.03.2020 67.62 31.03.2019 40.57 Provisional