Rajapalayam Mills Limited has released a pledge on 7,05,800 shares of The Ramco Cements Limited, reducing the encumbered promoter holding in the company. The release, executed on July 22, 2026, was undertaken to facilitate the repayment of a loan to Barclays Investments & Loans India Pvt. Ltd. This action was disclosed to the stock exchanges on July 23, 2026, in compliance with Regulation 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The transaction affects the promoter group's overall exposure in The Ramco Cements Limited . Prior to this release, Rajapalayam Mills Limited held 1,89,91,625 encumbered shares, representing 8.04% of the total share capital. Post-event, the encumbered shares held by the promoter group have decreased to 2,14,76,689 shares, which constitutes 9.09% of the total share capital.

Details of Encumbrance

The disclosure outlines the specific changes in the shareholding pattern of the promoter group. The table below details the event and the updated status of the encumbered shares.

The Ramaraju Surgical Cotton Mills Limited and Sri Vishnu Shankar Mill Limited, other members of the promoter group, continue to hold encumbered shares amounting to 15,50,864 and 16,40,000 respectively. No changes were reported for the other promoter group entities listed in the disclosure.

The Ramco Cements Limited has recommended a dividend of ₹2.50 per share for the financial year ended March 31, 2026. The payout, subject to shareholder approval at the 68th Annual General Meeting (AGM), will be paid from August 20, 2026 onwards. The company will deduct tax at source (TDS) on the dividend income as per the Income-tax Act, 2025, and shareholders have been advised to update their PAN and residential status online to claim exemptions or lower tax deduction rates.

The AGM is scheduled to be held on August 20, 2026, at 10:00 AM via video conferencing. Shareholders whose names appear in the Register of Members or the Register of Beneficial Owners as on August 13, 2026, will be eligible to participate and receive the dividend. The meeting will consider the adoption of audited financial statements for the year ended March 31, 2026, and the ratification of the remuneration payable to M/s. Geeyes & Co., Cost Accountants, appointed as the Cost Auditors for the financial year 2026-27. The proposed remuneration is ₹7,50,000, exclusive of GST and out-of-pocket expenses.

Shri P.R. Venketrama Raja, who retires by rotation, is slated for reappointment as a Director. He has been on the Board since 1985 and holds 17,46,460 shares as on March 31, 2026. The remuneration drawn by him for the last period was ₹15.96 crores. Shri K. Srinivasan, Chartered Accountant, has been appointed as the Scrutiniser for the e-voting process.

Remote e-voting facilities will be open from 9:00 AM on August 17, 2026, to 5:00 PM on August 19, 2026. The facility for participation at the AGM through video conferencing will be available to at least 1,000 members on a first-come, first-served basis, excluding promoters and institutional investors. The company has dispensed with the dispatch of physical copies of the financial statements, and the Integrated Annual Report for 2025-26 is available on its website.