We wish to inform that the Board of Directors of the Company in their meeting held today i.e. Thursday, June 05, 2025, had considered and unanimously approved the admission of Ramsons Projects ....
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Awaiting price reaction for this filing.
The Board of Directors of Ramsons Projects Limited, at its meeting on June 5, 2025, approved the company's admission as a Body Corporate Partner in S A S Fininvest LLP. Along with this, the Board cleared a capital contribution of Rs. 5,00,00,000 (Rupees Five Crores) into the LLP. The board meeting was a short one, running from 4:55 PM to 5:10 PM. The filing is made under SEBI Listing Regulations (Regulation 30) to disclose this material decision. The SAS Tower address shared between the company's corporate office and the LLP suggests a possible group/related-party association.
Shareholders should note a deployment of Rs. 5 crores from company funds into an LLP investment, which could affect cash reserves and future returns depending on the LLP's business performance. Given the shared address with SAS Tower, investors may want clarity on whether this is a related-party transaction.