
Divestment5 Aug 2026, 12:40 pm
Ramco Cements Disposes Non-Core Assets Worth ₹1,106.47 Cr
AI Summary
The Ramco Cements Ltd has announced the disposal of non-core assets, realizing a total value of ₹1,106.47 crores. This includes an initial monetization of ₹1,080.82 crores, followed by a further realization of ₹25.65 crores. The company had previously proposed to dispose of assets worth approximately ₹200 crores and had a target value of about ₹1,000 crores for non-core asset disposals. The disposals crossing the materiality limit were finalized on August 4th, 2026.
Key Highlights
- Total non-core asset disposal value reaches ₹1,106.47 crores.
- Recent disposal realized ₹25.65 crores.
- Company previously monetized ₹1,080.82 crores in non-core assets.
- Disposals crossing materiality limit finalized on August 4th, 2026.
Price Impact
More from RAMCOCEM