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Ramco Industries to sell Clinker Grinding Unit at Kharagpur

06 Mar 2018 Evaluate

Ramco Industries has entered into an agreement with The Ramco Cements for sale of Clinker Grinding Unit situated at Kharagpur, West Bengal. The revenue contribution of the said unit was Rs 30.47 crore (4% of total revenue of Ramco Industries). The company will receive cash consideration of Rs 17 crore as part of the deal.

Ramco Industries is an India-based company, which manufactures Fiber Cement (FC) sheets and Calcium Silicate Boards (CSBs). The company’s segments are building products, textile and power generation from wind mills.



Peers
Company Name CMP
Ultratech Cement 11050.10
Ambuja Cements 348.50
ACC 1130.30
Shree Cement 23069.05
Dalmia Bharat 1324.70
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