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Ramco Industries invests Rs 5 crore in Lynks Logistics

11 Jan 2020 Evaluate

Ramco Industries has invested Rs 5 crore in Lynks Logistics by way of subscribing 5 crore equity shares of Re 1/- each, through their Rights Issue. Consequent to the investment, the total shareholding of the company in Lynks Logistics is 12,69,00,000 shares of face value of Re 1/- each constituting 16.62% of its paid up share capital.

Ramco Industries is engaged in the manufacturing of fibre cement sheets, fibre cement pressure pipes, calcium silicate boards, cement and plastic storage containers.

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