Ramky Infrastructure Limited — Board Meeting, 23-01-2025: Outcome of Board Meeting

The Board of Directors of Ramky Infrastructure Limited has approved the merger of wholly owned subsidiaries Sehore Kosmi Tollways Limited and Ramky Elsamex Hyderabad Ring Road Limited with the company, subject to necessary statutory approvals. For the year ended March 31, 2024, Ramky Infrastructure reported a revenue of ₹2,033.19 Cr and a net worth of ₹1,259.14 Cr. The merger aims to enhance operational efficiency by reducing administrative overheads and streamlining the corporate structure, with no change to the shareholding pattern as no shares will be issued in this process.