Ramco Cements makes ₹24 crore from non-core asset sales
Ramco Cements on Saturday said it has realised around ₹24 crore from the disposal of non-core assets. This includes ₹19.7 crore from sale of shares held in other companies and ₹4.3 crore from disposal of land owned by the company.
The company said in an exchange filing that the sale concluded on July 11 and crossed the materiality threshold of ₹15 crore.
The monetisation of the non-core assets is part of Ramco Cements’ plan to monetise non-core assets worth around ₹1,000 crore, the company added.
With this, the total value of non-core assets disposed of by the company stands at ₹483.8 crore.
Published on July 12, 2025
Post Comment