Ramkrishna Forgings: Riddhi Portfolio Converts Warrants to Equity

Ramkrishna Forgings Limited has announced the conversion of 3,35,000 warrants into fully paid-up equity shares by Riddhi Portfolio Pvt Ltd and its Persons Acting in Concert (PACs). This conversion, in accordance with SEBI regulations, will alter the shareholding structure. The disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, details the pre and post-acquisition holdings of Riddhi Portfolio and its PACs, including entities like Mr. Naresh Jalan, Mr. Chaitanya Jalan, and Maa Chandi Limited. The conversion is set to occur on June 9, 2026.