Ramco Cements invests Rs 2 crore in Lynks Logistics
7th Sep 2020

Ramco Cements has invested Rs Rs 2,48,18,317 in the capital of Lynks Logistics by way of subscribing to 2,48,18,317 equity shares of Rs 1 each, through their Rights Issue. Consequent to the investment, the total shareholding of Company in Lynks Logistics is 44,98,18,317 shares of face value of Rs 1 each constituting 46.58% of its paid up share capital.

Ramco Cements is the flagship company of the Ramco Group, a well-known business group of South India. The main product of the company is Portland cement, manufactured in eight state-of-the art production facilities that includes Integrated Cement plants and Grinding units.