Ramco Cements has subscribed to the Rights Issue offer of Lynks Logistics and has acquired 4,81,00,000 shares of Rs 1 each on October 23, 2017. Consequent to the acquisition, the total shareholding of the company in Lynks Logistics is 10,00,00,000 shares of Rs 1 each constituting 47.62% of its paid up share capital.

Lynks Logistics was incorporated for providing technology platform to link supply and demand of goods transportation in a timely location aware way. This is an Aggregator or Service Provider to link Providers of Transport Service and Availers of Transport Service, through modern technology platforms.

Ramco Cements is the flagship company of the Ramco Group, a well-known business group of South India. The main product of the company is Portland cement, manufactured in eight state-of-the art production facilities that includes Integrated Cement plants and Grinding units.


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The Ramco Cements Share Price

954.35 2.45 (0.26%) May 18, 10:23
1 Year Price Chart
Peers
Company Name CMP
Ultratech Cement 6584.50
ACC 1908.90
Shree Cement 27309.00
Ambuja Cement 310.85
Dalmia Bharat 1808.15
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Sensex vs The Ramco Cements
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