Ramkrishna Forgings Limited (RKFORGE) — Corporate Action

· NSE 🔴 High Importance Neutral

Ramkrishna Forgings allotted 6,40,000 equity shares to promoter Riddhi Portfolio Private Limited upon warrant conversion, receiving ₹100.80 crores at ₹1,575 per warrant. Paid-up capital increased to ₹36.33 crores with 18.17 crore shares outstanding. The remaining 3,35,000 unconverted warrants remain pending. New shares rank pari passu with existing equity.

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About Ramkrishna Forgings Limited (RKFORGE)

Automobile and Auto Components · Auto Components · Listed on NSE

Market Cap: ₹10,390.25 Cr P/E: 22.4

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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