Ramco Cements has completed the sale and transfer of its entire shareholding of 49,95,16,202 equity shares held in Lynks Logistics (Lynks) to Bundl Technologies (Bundl, operating under the brand name Swiggy) and simultaneously acquiring 24,18,915 Compulsory Convertible Preference Shares (CCPS) of Bundl, in consideration of the sale of shares.
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.
