The Ramco Cements Limited — Board Meeting, 25-04-2025: Outcome of Board Meeting

The Ramco Cements Limited has announced a board meeting focusing on the approval of borrowing resolutions. The company will issue Secured Redeemable Non-Convertible Debentures and Commercial Papers, with a maximum borrowing limit of ₹2,000 crore. This will facilitate capital raising to leverage reduced interest rates, with no change in overall borrowing limits. A Debenture Allotment Committee has been established to finalize terms and manage the issuance process. The resolutions passed also empower designated officials to ensure regulatory compliance and documentation for the offerings.