Outcome of board meeting of Rajapalayam Mills

The Board of Directors of Rajapalayam Mills at their meeting held on 29th October 2024 has approved the acquisition of the shares of M/s. Ramco Industries Limited (RIL), from one of the member of the Promoter Group, viz. M/s. The Ramco Cements Limited for a consideration value upto Rs.85 Crores in one or more tranches.