Rajapalayam Mills Limited, a promoter of The Ramco Cements, has released a pledge on 4,70,000 shares of The Ramco Cements.

These shares were previously pledged with Barclays Investments & Loans India Pvt. Ltd. The release occurred due to the repayment of the associated loan.

This transaction reduces the overall pledged shares held by the promoter group, which is typically viewed favorably by investors.