Shareholding11 Jun 2026, 08:39 am
Ramkrishna Forgings: Riddhi Portfolio Converts Warrants
AI Summary
Riddhi Portfolio Pvt Ltd, along with Persons Acting in Concert (PACs), has disclosed the conversion of 3,35,000 warrants into fully paid-up equity shares of Ramkrishna Forgings Limited. This conversion, effective June 9, 2026, represents a 0.18% stake increase for Riddhi Portfolio. The disclosure is made in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Following the conversion, the total shareholding of Riddhi Portfolio and its PACs in Ramkrishna Forgings increases, impacting their overall percentage of voting rights and share capital.
Key Highlights
- Riddhi Portfolio converted 3,35,000 warrants into equity shares.
- This conversion increases Riddhi Portfolio's stake by 0.18%.
- The disclosure is under SEBI SAST Regulations, 2011.
- Total promoter group holding increases post-conversion.
- Effective date of conversion is June 9, 2026.
Price Impact
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