RKFORGENSERamkrishna Forgings Limited· Castings/ForgingsMediumNeutral
Announced Fri, 22 May · 10:59 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.

Ownership Changes View source PDF

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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
₹549.80
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6+1.0+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 under Regulation 31(4) of SEBI SAST Regulations confirming that he and Persons Acting in Concert (PAC) have not created any new share encumbrances (pledges) during FY 2025-26. The promoter group collectively holds 7,87,09,606 shares representing 43.33% of total share capital as on 31 March 2026. Riddhi Portfolio Private Limited holds the largest stake at 34.65%, while individual promoters including Naresh Jalan (1.52%), Rashmi Jalan (1.15%), and Chaitanya Jalan (1.68%) hold smaller portions. The declaration also notes that Maa Chandi Financial Advisory Services is pending reclassification from Promoter group to Public category.

Likely market impact

This is a routine positive confirmation that promoters have not pledged additional shares beyond what was already disclosed. The 43.33% promoter holding with no new encumbrances suggests stable promoter commitment and no immediate dilution risk from forced selling.