Ramkrishna Forgings: No fund deviation in Q2 FY27

Ramkrishna Forgings Limited has filed a statement of deviation for the quarter ended June 30, 2026, confirming no deviation or variation in the utilization of funds raised through a preferential issue. The funds were raised via the allotment of 3,35,000 equity shares upon conversion of warrants to Riddhi Portfolio Private Limited, a promoter. The total amount raised was ₹52.76 Crores. The funds were allocated to 'Working Capital Repayment' (₹1.58 Crores) and 'General Corporate Purpose' (₹51.18 Crores). The company has also made this information available on its website.