Announced Fri, 24 Jul · 16:55 IST
No deviation in preferential issue fund use for Q1FY27
Compliance View source PDF
RKFORGE · price
▲ 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
—1-day move
₹584.60
prior close
₹595.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.3+3.2+4.6+2.5——————————
Up moveDown movePending
AI summary
Ramkrishna Forgings raised Rs 52.76 Cr via preferential issue (3,35,000 equity shares on warrant conversion) from promoter Riddhi Portfolio in June 2026. Q1 FY27 deviation report confirms zero deviation: funds meant for working capital repayment (Rs 1.58 Cr) and general corporate purposes (Rs 51.18 Cr) are on track, with no spend in the quarter. India Ratings is the monitoring agency.
Likely market impact
Neutral compliance filing. No deviation in fund use; promoter allotment proceeds remain earmarked as planned.