The Ramco Cements has informed that the Company has invested Rs 5 crores in the capital of Lynks Logistics by way of subscribing to 5 crores equity shares of Rs 1/- each, through their Rights Issue. Consequent to the investment, the total shareholding of the Company in Lynks Logistics is 400,000,000 shares of face value of Re 1 each constituting 46.32% of its paid up share capital. The disclosure required under Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015 is enclosed.
The above information is a part of company’s filings submitted to BSE.
