MoneyWorks4Me

Ramco Industries increases stake in Lynks Logistics to 23.78%

30 Mar 2021 Evaluate

Ramco Industries has invested Rs 5,98,27,333 in the Capital of Lynks Logistics by way of subscribing to 5,98,27,333 equity shares of Re 1 each, through their Rights Issue. Consequent to the investment, the total shareholding of Company in Lynks Logistics is 28,52,84,587 shares of face value of Re 1 each constituting 23.78% 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.

Peers
Company Name CMP
Ultratech Cement 10554.00
Ambuja Cements 348.85
ACC 1124.95
Shree Cement 21887.20
Dalmia Bharat 1627.15
View more..