Ramkrishna Forgings (RKFORGE) — Announcement

📢 Key Event
Promoter group member reclassified to public category

🔄 What Changed
Maa Chandi Financial Advisory Services Private Limited moved from promoter to public category

💡 Investor Takeaway
This reclassification reduces promoter concentration and may improve market liquidity and governance perception.

Ramkrishna Forgings announced that its promoter group member Maa Chandi Financial Advisory Services Private Limited has been reclassified from 'Promoter and Promoter Group' to 'Public' category by both NSE and BSE following receipt of no-objection letters on August 5, 2026. This regulatory update reflects a structural change in promoter ownership and compliance with SEBI LODR Regulation 31A requirements.

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About Ramkrishna Forgings Limited (RKFORGE)

Capital Goods · Castings, Forgings & Fastners · Listed on NSE

Market Cap: ₹13,731.07 Cr P/E: 128.0 ROE: 3.3% ROCE: 6.3% Div Yield: 0.13%

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

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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