Promoter Reclassification21 Sept 2026, 05:00 pm
Ramkrishna Forgings: MAA Chandi Reclassified to Public Category
AI Summary
Ramkrishna Forgings Ltd. announced the reclassification of MAA Chandi Financial Advisory Services Private Limited (formerly Ramkrishna Rail And Infrastructure Private Limited) from the "Promoter and Promoter Group" category to the "Public" category. This reclassification was approved by shareholders via postal ballot on September 19, 2026. MAA Chandi Financial Advisory Services Private Limited holds 65,00,000 shares, representing 3.57% of the company's total equity capital. This disclosure is made under Regulation 30 and 31A of SEBI (LODR) Regulations, 2015.
Key Highlights
- Shareholders approved reclassification of MAA Chandi Financial Advisory Services.
- MAA Chandi moves from Promoter Group to Public category.
- The entity holds 3.57% of Ramkrishna Forgings' equity capital.
- Reclassification was approved via postal ballot on September 19, 2026.
Price Impact
More from RKFORGE