Ramkrishna Forgings Limited 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.
RKFORGE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Naresh Jalan, on behalf of all promoters and promoter group entities of Ramkrishna Forgings, has submitted a mandatory annual declaration to BSE and NSE. Under Regulation 31(4) of the SEBI Takeover Regulations, promoters must confirm whether they created any new encumbrance (such as pledges or liens) on their shares during the financial year. The declaration states that no new encumbrance has been created directly or indirectly, other than what was already disclosed earlier. The filing covers nine promoter and promoter group entities, including the Jalan family members, Riddhi Portfolio Private Limited, and two HUFs.
This is a routine annual compliance filing and is mildly positive for shareholders, as it confirms that promoters have not added any new pledges or encumbrances on their holdings during the year, signalling no incremental financial stress on the promoter group.