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The Board of Directors of Ramky Infrastructure has further discussed the proposal for extending the existing Inter-Corporate Deposit (ICD) from the Promoter Group. Initially addressed in a prior meeting, the Board has decided to defer the postal ballot process for shareholder approval until necessary consent and confirmation for the extension from the ICD lender is secured. Once this confirmation is received, the company will seek shareholder approval. The management has also been authorized to negotiate terms with the ICD lender to facilitate this extension. This strategic move indicates proactive financial management and aims to ensure favorable terms for the company’s capital structure, which could offer a positive outlook for its financial operations moving forward.