Ramkrishna Forgings Limited (RKFORGE) — Corporate Action

· NSE 🔴 High Importance Neutral
📢 Key Event
335,000 warrants converted into equity shares
🔄 What Changed
Paid-up capital increased to Rs. 36.43 crore
💡 Investor Takeaway
Shareholders will see diluted holdings due to new equity shares issued.

Ramkrishna Forgings announced the conversion of 335,000 warrants into equity shares, increasing paid-up capital to Rs. 36.43 crore. The warrants were issued on a preferential basis to Riddhi Portfolio Private Limited, with 75% of the warrant issue price received to date. The new shares rank pari passu with existing shares.

📄 View Original Announcement (PDF)

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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