The Board has appointed Justice Smt. Chitra Venkataraman as an Additional Director of the Company w.e.f 11-08-2025.
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The Board appointed Justice Smt. Chitra Venkataraman (Retd.), a former Madras High Court judge, as an Additional Independent Director effective 11-08-2025, until the next AGM. The Board also approved Q1 FY26 (quarter ended 30 June 2025) un-audited results: standalone net loss narrowed to Rs. 12.25 crore from Rs. 15.37 crore in Q1 FY25, though revenue declined to Rs. 188.57 crore from Rs. 217.96 crore. On a consolidated basis, the company swung to a net profit of Rs. 8.12 crore (vs loss of Rs. 6.91 crore), boosted by Rs. 20.37 crore share of profits from associates (Ramco Cements, Ramco Industries, Ramco Systems). The Board also approved a Rs. 50 crore corporate guarantee for Sandhya Spinning Mill and sought shareholder nod for an additional Rs. 150 crore investment/loan limit and material related party transactions of up to Rs. 450 crore each with four Ramco-group entities over FY26-FY28.
Standalone operations remain in the red with shrinking revenue, but the turnaround to consolidated profit signals meaningful reliance on associate company earnings. The large related party transaction limits with multiple group firms warrant shareholder attention given the Ramco group's inter-linked structure.