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Ramco Industries Ltd — Capital/Financing Update 2024
Nov 21, 2024
61810_rns_2024-11-21_8dd34ddf-49ec-4097-9f74-a6440ebc0de9.pdf
Capital/Financing Update
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BALAMURUGASUN Digitally signed by BALAMURUGASUNDARAM DARAM Date: 2024.11.21 16:44:45 +05'30'
| S.no | Particulars | Remarks |
|---|---|---|
| Nameofthe targetentity, | TheRamcoCementsUmited( | |
| 1 | detailsin briefsuchas size,turnover etc.; | Turnoverfor theyear ended 31dMarch, 2024-Rs.9,392.17Crores(on slandalonebasis) |
| 2 | ||
| Whethertheacquisition wouldfallwithinrelatedparty | No.ThesharesofM/s.TheRamco CementsLimited,areproposedtobepurchased | |
| transaction(s)andwhetherthe | throughtheStockExchanges. | |
| promoter/ promotergroup/ | ||
| groupcompanieshaveanyinterestintheentitybeingacquired?Ifyes,natureof | Shri.P.R.Venketrama Raja, ChairmanandPromoterof theCompanyisalsoaManagingDirectorandPromoterofM/s.TheRamco | |
| interestanddetailsthereofand | Cements Limitedandholds0.74o/oofstakein | |
| whetherthesameisdone at | TRCL. | |
| arm'slenqth | ||
| 3 | Industrytowhichtheentitybeingacquircdbelongs | M/s.TheRamcoCements Limitedisone oftheRamcoGroupofCompaniesengagedin |
| manufacturing ofCement. | ||
| 4 | Objectsandimpactofacquisition(includingbutnotlimitedto,disclosureofreasonsforacquisitionof | The Company'sexisting investmentinTRCLofRs.158.39CroreshasappreciatedtoPs.4,376.25Crores,thatismorethan27 times. |
| targetentity,ifitsbusinessisoutsidethemainlineof | ThePromotersandPromoterGrouphold | |
| businessofthelistedentity) | 42.29o/oofthepaid-up capitalofTRCL and | |
| postcompletion oftheproposed acquisition by | ||
| theCompanytlrere willnotbe any changein | ||
| 5 | Briefdetailsofany | theManagementofTRCL. |
| governmentalorregulatoryapprovalsrequiredforthe | NIL | |
| 6 | acquisiUonIndicativetimeperiodfor | Wouldbecompletedwithinaperiodof |
| completionof theacquisition | 9monthsfromthedateofBoard'sapproval. |
| 7 | Consideration-whethercash | |
|---|---|---|
| considerationorshare swaporany otherformanddetailsof | Consideration incash | |
| thesame | ||
| 8 | Costofacquisitionand/orthe | Rs.915.43(incl.Brokerage) per share. |
| priceatwhichthesharesare | TotalValue-Rs.29.34 Crores | |
| acquired; | ||
| 9 | Percentageofshareholding/controlacquiredand/or | 3,20,000 shares;0.14olo |
| numberofshares acquired | ||
| 10 | Briefbackgroundabouttheentityacquiredintermsofproducts/lineofbusinessacquired,dateof | The Company isnotacquiring anyentity.ItispartofacquisitionproposalofsharesofTRCLasintimatedtoStockExchangesonLt.tt.2024. |
| in@rporation, historyoflast3 | ||
| yearsturnover,countryin | Details aboutTRCLaregiven below: | |
| whichtheacquiredentityhaspresenceand anyothersignificantinformation(in | TRCLisengagedinthebusinessofmanufacture ofCement. | |
| brief) | ||
| DateofIncorporation:03.07.1957 | ||
| CountriesinwhichtheTRCLhaspresence: | ||
| India. | ||
| Thehistoryof turnover (onstandalonebasis) | ||
| forthelast3years areasfollows: |
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