Ramky Infra to merge subsidiaries in streamlining move

Ramky Infrastructure Limited (BSE: RAMKY) has announced a scheme of merger involving its wholly-owned subsidiaries, Sehore Kosmi Tollways Limited and Ramky Elsamex Hyderabad Ring Road Limited, effective April 1, 2024, subject to regulatory approvals. The merger, approved by Ramky Infrastructure's board on January 23, 2025, aims to consolidate the corporate structure, reduce overheads, and optimize resource utilization. As the transferor companies are wholly owned subsidiaries, no shares will be issued by Ramky Infrastructure. Upon the scheme becoming effective, the authorized share capital of the transferor companies will be combined with that of Ramky Infrastructure, increasing its authorized capital to ₹1,305,000,000. The proposed merger is expected to improve the overall combined business.