Deals22 Dec 2025, 03:18 pm
Ramco Cements Ltd Disposes Non-Core Assets Worth Rs. 514.90 Crores
AI Summary
The Ramco Cements Ltd has sold non-core assets worth Rs. 514.90 crores to M/s. Prestige Estates Projects Limited. This disposal is part of the company's plan to dispose non-core assets with a targeted value of about Rs. 1,000 crores. With this sale, the company has so far disposed non-core assets worth Rs. 1,016.92 crores. The proceeds from the sale will be used to reduce the company's debts.
Key Highlights
- Ramco Cements Ltd sells non-core assets worth Rs. 514.90 crores to Prestige Estates Projects Limited.
- This sale is part of the company's plan to dispose non-core assets worth about Rs. 1,000 crores.
- The company has so far disposed non-core assets worth Rs. 1,016.92 crores.
- The proceeds from the sale will be used to reduce the company's debts.
- The company plans to dispose further non-core assets worth approximately Rs. 200 crores before 28.02.2026.