Intimation of Dispensation of Meeting Order in the matter of Scheme of Arrangement

Ramky Infrastructure is merging its two wholly owned subsidiaries — Sehore Kosmi Tollways Limited and Ramky Elsamex Hyderabad Ring Road Limited — into itself under a Scheme of Amalgamation. The NCLT Hyderabad Bench has approved dispensing with the requirement to hold meetings of equity shareholders, secured creditors, and unsecured creditors of the transferee company, since both transferor companies are wholly owned subsidiaries. No new shares will be issued as consideration, so there will be no dilution for existing shareholders. The appointed date for the merger is April 1, 2024. The rationale is to streamline the corporate structure, consolidate assets and liabilities, reduce administrative and compliance costs, and enable more efficient use of capital.