Ramky Infrastructure Limited ("Company") (BSE Scrip Code - 533262, NSE Code: RAMKY) has made acquisition of 52,00,000 (Fifty-Two Lakhs only) Equity shares of Rs. 10.00 each (Indian Rupees Ten Only) of Ramky Elsamex Hyderabad Ring Road Limited, thereby making the Subsidiary company as a Wholly-owned subsidiary company.
Pursuant to the existing financing agreements between Ramky Elsamex Hyderabad Ring Road Limited and the Senior Lenders, the company has pledged the aforementioned shares of Ramky Elsamex Hyderabad Ring Road Limited to IDBI Trusteeship Services Limited to comply with the terms of sanction of the said financing agreements.
Shares of RAMKY INFRASTRUCTURE LTD. was last trading in BSE at Rs.38.75 as compared to the previous close of Rs. 38. The total number of shares traded during the day was 2422 in over 55 trades.
The stock hit an intraday high of Rs. 39.9 and intraday low of 37.45. The net turnover during the day was Rs. 95145.