Business Update17 Jul 2025, 03:28 pm
Ramco Cements Disposes Non-Core Assets Worth Rs. 500.86 Crores
AI Summary
The Ramco Cements Ltd has disposed of non-core assets with a total value of Rs. 500.86 crores. The company had previously announced a proposal to dispose of non-core assets worth about Rs. 1,000 crores. The first disposal was made on 11th November 2024, and the latest disposal was made on 17th July 2025, which included shares held in other companies worth Rs. 17.02 crores. The company has been diligent in monetising its non-core assets to optimise its portfolio and financial performance.
Key Highlights
- Ramco Cements disposes non-core assets worth Rs. 500.86 crores
- The company had a target to dispose of non-core assets worth about Rs. 1,000 crores
- The latest disposal was made on 17th July 2025, which included shares held in other companies worth Rs. 17.02 crores
- The company has been actively monetising its non-core assets
- This move is aimed at optimising the company's portfolio and financial performance