The Ramco Cements Limited
Ramco Cements Ltd is engaged in manufacture of cement, Ready Mix Concrete (RMC) and Dry mortar products. It primarily caters to the domestic market of India.
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Ramco Cements' board has approved the merger of its wholly-owned subsidiary, Ramco Windfarms Ltd, with itself. This strategic move aims to simplify the corporate structure, cut administrative costs, and bring wind power assets directly under Ramco Cements for better operational efficiency and potential tax benefits. Existing Ramco Windfarms shares will...
Ramco Cements has completed the acquisition of the remaining 28.5% stake in Ramco Windfarms Limited for ₹0.285 Cr. This strategic move makes Ramco Windfarms a Wholly Owned Subsidiary, securing 100% control over its wind power generation. With Ramco Windfarms' annual turnover of ₹8.03 Cr (FY25), this backward integration strengthens Ramco...