Sale28 March 2026 at 01:11 pm
Ramky Infrastructure Ltd Approves Sale of Shares in Visakha Pharmacity Limited to Brij Gopal Construction Company
AI Summary
In a recent meeting, the Board of Directors of Ramky Infrastructure Ltd (RIL) approved the sale of shares held in Visakha Pharmacity Limited (VPCL) to Brij Gopal Construction Company Private Limited (BGCCPL). The decision aligns with the approval granted by members through a postal ballot notice dated 27.12.2023. The Share Purchase Agreement (SPA) terms and conditions will be finalized and executed by the Managing Director and CFO. The necessary details as per SEBI (LODR) Regulations 2015 will be provided post-SPA signing.
Key Highlights
- Ramky Infrastructure Ltd approves the sale of shares in Visakha Pharmacity Limited
- Shares to be sold to Brij Gopal Construction Company Private Limited
- The decision aligns with the approval granted by members in a postal ballot
- The Managing Director and CFO authorized to finalize and execute the Share Purchase Agreement
- Required details as per SEBI (LODR) Regulations 2015 will be furnished post-SPA signing
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