Acquisitions4 Sept 2025, 03:48 pm
Rajapalayam Mills Acquires 500,000 Shares of Ramco Industries for Rs. 15.45 Crores
AI Summary
Rajapalayam Mills Ltd. has completed the acquisition of 500,000 shares of Ramco Industries Limited from Smt. Alagaraja Ramalakshmi, a member of the Promoter Group. The acquisition was approved by the Board of Directors and was completed on 04% September, 2025, through the Block Deal mechanism. The cost of acquisition was Rs. 15.45 crores.
Key Highlights
- Rajapalayam Mills acquires 500,000 shares of Ramco Industries
- Acquisition cost is Rs. 15.45 crores
- Acquisition completed on 04% September, 2025
- Acquisition done through Block Deal mechanism
- Smt. Alagaraja Ramalakshmi, a member of the Promoter Group, sold the shares