Ramky Infrastructure Ltd Sells Stake in Subsidiary Visakha Pharmacity Limited for INR 165.24 Crores

Ramky Infrastructure Ltd (RIL) has executed a Share Purchase Agreement (SPA) for the sale of its 51% stake in Visakha Pharmacity Limited (VPCL) to Brij Gopal Construction Company Private Limited (BGCCPL). The transaction is not a related party transaction and is expected to be completed within 10 days from the execution of the SPA. The consolidated turnover for RIL and VPCL for the financial year 2024-25 was INR 4,093.29 million and INR 4,012.59 million respectively.