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Ramky Infrastructure rises on executing restructuring documents with six lenders

15 Jun 2015 Evaluate

Ramky Infrastructure is currently trading at Rs. 29.45, up by 0.75 points or 2.61% from its previous closing of Rs. 28.70 on the BSE.

The scrip opened at Rs. 29.85 and has touched a high and low of Rs. 32.00 and Rs. 29.20 respectively. So far 21,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 93.95 on 03-Jul-2014 and a 52 week low of Rs. 27.70 on 03-Jun-2015.

Last one week high and low of the scrip stood at Rs. 32.80 and Rs. 28.50 respectively. The current market cap of the company is Rs. 168.00 crore.

The promoters holding in the company stood at 67.76% while Institutions and Non-Institutions held 4.10% and 28.14% respectively.

Ramky Infrastructure has executed the restructuring documents on June 12, 2015 with 6 lenders comprising State Bank of India, State Bank of Hyderabad, Punjab National Bank, IDBI Bank, ICICI Bank and Axis Bank. The other 3 lenders of the Joint Lenders forum - Yes Bank, Kotak Mahindra Bank and Standard Chartered Bank have not participated/party to the restructure agreement.

The board of directors at its meeting held on March 30, 2015, had reviewed the restructuring scheme under Joint Lenders forum (JLF) and approved the same for execution by the company.

Ramky Infrastructure is the flagship company of the Ramky Group, one of the leading civil and infrastructure engineering companies in India.


Ramky Infrastructure Share Price

513.55 2.50 (0.49%)
17-Apr-2026 16:59 View Price Chart
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