The Ramco Cements Limited — JV/Acquisition, 21-08-2025: Acquisition
21-08-2025 | 05:51 pm
21-08-2025 | 05:51 pm
Ramco Cements has completed the acquisition of the remaining 28.5% stake in Ramco Windfarms Limited for ₹0.285 Cr. This strategic move makes Ramco Windfarms a Wholly Owned Subsidiary, securing 100% control over its wind power generation. With Ramco Windfarms' annual turnover of ₹8.03 Cr (FY25), this backward integration strengthens Ramco Cements' captive energy supply. This streamlines power sourcing, as other shareholders no longer need wind power, reinforcing Ramco Cements' operational efficiency through assured green energy. A focused step towards energy self-sufficiency.
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