The Ramco Cements Limited — JV/Acquisition, 05-11-2025: Amalgamation/Merger

Ramco Cements' board has approved the merger of its wholly-owned subsidiary, Ramco Windfarms Ltd, with itself. This strategic move aims to simplify the corporate structure, cut administrative costs, and bring wind power assets directly under Ramco Cements for better operational efficiency and potential tax benefits. Existing Ramco Windfarms shares will be cancelled with no new Ramco Cements shares issued, ensuring no dilution for current shareholders. The merger's appointed date is April 1, 2026, pending NCLT and other necessary approvals.