RKFORGENSERamkrishna Forgings Limited· Castings/ForgingsMediumNeutral
Announced Fri, 22 May · 11:01 IST

Naresh Jalan has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Promoter Below 50pctOwnership Changes View source PDF

RKFORGE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+0.4%1-day move
₹570.00
prior close
₹549.30
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.2+1.2+1.2+1.1+0.4+0.4-0.4-0.9+0.6-2.4+3.2+3.5+0.9
Up moveDown movePending
AI summary

Naresh Jalan, Promoter of Ramkrishna Forgings Limited, has submitted a declaration confirming that neither he nor any Person Acting in Concert (PAC) has created any new encumbrance (pledge) on shares during FY 2025-26 beyond those already disclosed. The filing includes the complete promoter shareholding as of 31 March 2026. Total promoter holding stands at 7,87,09,606 shares representing 43.33% of total share capital. The major holding is through Riddhi Portfolio Private Limited (34.65%), followed by Maa Chandi Financial Advisory Services (3.58%). An application for reclassification of Maa Chandi from Promoter to Public category is stated to be pending with the exchanges.

Likely market impact

The filing is a routine compliance requirement and shows no adverse changes to promoter pledged shares. Promoter holding at 43.33% indicates they remain below the 50% threshold, which may be relevant for future dilution or takeover considerations.