Ramco Cements has invested Rs 5 crore in the capital of Lynks Logistics by way of subscribing to 5 crore equity shares of Rs 1 each, through their Rights Issue. Consequent to the investment, the total shareholding of the company in Lynks Logistics is 40,00,00,000 shares of face value of Rs 1 each constituting 46.32% of its paid up share capital.
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.
