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The Ramco Cements LimitedImportant, 01-04-2025: General Updates

01-04-2025 · 10:39 am

The Ramco Cements Limited has announced a board meeting to discuss the disposal of non-core assets, targeting a value of around ₹1,000 crore. As of December 31, 2024, the company has realized ₹443.65 crore from the disposal, including ₹376 crore from shares and ₹67.65 crore from lands. For the quarter ending March 31, 2025, an additional ₹11.38 crore from land sales has been recorded, bringing the total to ₹455.03 crore for FY25. This strategic move may enhance cash flow and strengthen the balance sheet, presenting a positive outlook for investors focused on operational efficiency and asset optimization.

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