The Board of Directors of The Ramco Cements has approved a draft scheme for the amalgamation of Ramco Windfarms Limited (RWF), a wholly-owned subsidiary, with the company. The amalgamation aims to streamline operations, reduce costs, and improve efficiency. The scheme is subject to regulatory and shareholder approvals. The Unaudited Financial Results for Q2 2025 were also approved.
Amalgamation of Ramco Windfarms
The Board of Directors of The Ramco Cements has approved the draft scheme of amalgamation of Ramco Windfarms Limited (RWF), a wholly-owned subsidiary, with The Ramco Cements. This decision, influenced by the Audit Committee, seeks to consolidate operations and improve overall efficiency.
Rationale for the Amalgamation
The primary reasons for the amalgamation include:
- The entire wind power generated by the Transferor Company is used by Transferee Company for its manufacturing operations.
- Bringing the wind power business directly under the Transferee Company, thereby simplifying the corporate structure.
- Reducing legal, administrative, regulatory, and compliance costs.
Financial Performance: Q2 2025
The Unaudited Standalone and Consolidated Financial Results for the quarter and six months ended September 30, 2025, were approved by the Board. Key financial highlights (consolidated) include:
- Revenue from Operations: ₹2,238.74 Crores for the quarter.
- Profit Before Tax: ₹99.83 Crores for the quarter.
- Net Profit After Tax: ₹77.34 Crores for the quarter.
Financial Ratios
Key financial ratios as of September 30, 2025, include:
- Debt-Equity Ratio: 0.62
- Current Ratio: 1.11
Scheme Implementation
The scheme will be implemented upon receipt of approval from the National Company Law Tribunal (NCLT). The appointed date for the scheme is April 1, 2026.
Source: BSE
