Ramky Infrastructure has informed that the Board of Directors of the company have through circular resolution further deliberated upon the proposal for the extension of the existing Inter-Corporate Deposit (ICD) availed from the Promoter Group for a further tenure, a matter previously discussed in the Board meeting held on 11th February 2025. After due consideration, the Board resolved to defer the postal ballot process for shareholder approval until the necessary consent and confirmation for such extension from the ICD lender is obtained. Upon receipt of such consent and confirmation, the Company shall proceed with seeking shareholder approval for the extension of the ICD. Furthermore, the Board authorized the management to engage in discussions and negotiations with the ICD lender to facilitate the extension of the existing ICD on mutually agreeable terms.
The above information is a part of company’s filings submitted to BSE.
