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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: