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The Ramco Cements invests Rs 2.5 cr in rights issue of Lynks Logistics

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Capital Market

Hikes stake in Lynks Logistics to 46.42%

The Ramco Cements has invested Rs.2.50 crore in the capital of Lynks Logistics by way of subscribing to 2.50 crore equity shares of Rs.1/- each, through their Rights Issue. Consequent to the investment, the total shareholding of the Company in Lynks Logistics is 42,50,00,000 shares of face value of Rs.1/- each constituting 46.42% of its paid up share capital.

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First Published: Jun 27 2020 | 12:42 PM IST

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