StockWatch
·
Castings & Forgings
Shareholding11 Jun 2026, 01:15 pm

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 equity shares of Ramkrishna Forgings Limited. This conversion, effective June 9, 2026, increases Riddhi Portfolio's direct shareholding by 0.18%. The total holding of Riddhi Portfolio and its PACs in Ramkrishna Forgings now stands at 43.40% of the total diluted capital.

Key Highlights

  • Riddhi Portfolio converted 3,35,000 warrants into equity shares.
  • This increases Riddhi Portfolio's direct shareholding by 0.18%.
  • Total promoter group holding in Ramkrishna Forgings is now 43.40%.
  • The conversion is in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
  • The disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.