The Ramco Cements Limited - Outcome of Board Meeting

The Ramco Cements Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 06, 2015, have given their consent for the proposal to obtain the approval of the shareholders through Postal Ballot process for issue of Debentures up to a maximum amount of Rs. 500 crores.<BR><BR>The proceeds of the debenture issue are meant for prepayment / substitution of Company's borrowings and to meet general corporate purpose.