RKFORGENSERamkrishna Forgings Limited· Castings/ForgingsLowNeutral
Announced Thu, 8 May · 15:56 IST

Ramkrishna Forgings Limited has informed the Exchange regarding Allotment of 3878 Shares.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ramkrishna Forgings Limited has allotted 3,878 equity shares to employee Mr. Chethan Murthy on 8 May 2025, pursuant to the exercise of stock options under the RKF Limited Employee Stock Option Scheme 2023. The shares, having a face value of Rs. 2 each, were transferred from the company's Employee Welfare Trust at an exercise price of Rs. 556 per share (premium of Rs. 554). The newly issued shares rank pari passu with existing equity shares. The total issued share capital post-allotment is not separately disclosed.

Likely market impact

This is a routine, small-scale ESOP allotment with negligible dilution impact on existing shareholders. No material effect on stock price is expected.