Ramco Cements Sells Non-Core Assets Worth ₹59.56 Cr to Rainbow Foundations

The Ramco Cements Limited executed a sale deed on February 26, 2026, divesting non-core land assets valued at Rs.59.56 crores to M/s. Rainbow Foundations Limited.

Strategic Asset Monetization Progress

This transaction brings the company's cumulative disposal of non-core assets to Rs.1,080.82 crores, surpassing the Rs.1,000 crore target outlined in the November 11, 2024 press release accompanying Q2FY25 results. Proceeds from all disposals, including this sale, will reduce company debt.

Ongoing Deleveraging Initiative

The company continues executing its plan to monetize additional non-core assets worth approximately Rs.200 crores, as announced December 22, 2025.

Shares of The Ramco Cements Limited was last trading in BSE at Rs. 1140.00 as compared to the previous close of Rs. 1154.95. The total number of shares traded during the day was 3948 in over 409 trades.

The stock hit an intraday high of Rs. 1159.75 and intraday low of 1119.00. The net turnover during the day was Rs. 4481870.00.

Source : Equity Bulls

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TheRamcoCements INE331A01037 NonCoreAssetSale