Ramky Infrastructure Begins Debt-Free Growth Journey After Fully Repaying INR 3,859.81 Crores
Ramky Infrastructure
Limited has achieved a significant milestone in its corporate journey, becoming
one of the few Indian companies to successfully execute a Restructuring Exit
Agreement (REA) with its lenders. The company had earlier entered into a
Restructuring Agreement (RA) on June 12, 2015, to reorganize a total debt of
INR 3,859.81 crores, comprising both term loans and working capital facilities.
The restructured term loans were fully repaid by June 2019.
Subsequently, on July 11,
2025, Ramky Infrastructure and its lenders formally executed the REA. As a
result, all working capital facilities are now classified as regular and
standard by the lenders.
This milestone reflects the
company's resilience and prudent financial management. With no outstanding term
loans and a successful exit from the restructuring framework, Ramky
Infrastructure is now well-positioned to improve both its external credit
ratings and internal bank assessments, thereby strengthening its overall
financial profile
"We are proud to announce
this significant milestone, which reflects the unwavering dedication of our
team and the steadfast support of our stakeholders," Mr. Y.R. Nagaraja,
Managing Director, Ramky Infrastructure Ltd said. "Entering REA not only
fortifies our financial position, but also empowers us to aggressively pursue
our strategic objectives in the rapidly expanding sustainable infrastructure
market. We are committed to delivering enhanced value to our shareholders and
contributing to India's infrastructure development. We extend our sincere
gratitude to all the shareholders, investors, lenders, auditors, and other
internal and external stakeholders for their invaluable and continued support.”