The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on June 19, 2025 for Riddhi Portfolio Pvt Ltd

Pledge releasedOwnership Changes View source PDF Explain this filing

RKFORGE · price

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Price reactionminutes from the announcement price · days from the prior close

-1.6%Reaction day

₹633.20

prior close

₹632.80

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.6%-2.2% vs market

Auto Components & Equipments peers, median of 108sector+0.6%-2.2% vs sector

On the reaction day the stock moved 2.2 pts less than Nifty Smallcap 250 and 2.2 pts less than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

-1.6+0.6-2.2+0.6-2.2

Next day

-0.1+1.4-1.5+0.0-0.2

+2.1+2.2-0.1+1.3+0.8

+7.2+3.8+3.4+2.8+4.4

+7.4+4.1+3.4+2.6+4.8

+5.7+4.9+0.8+2.8+2.9

+6.1+5.6+0.5+3.8+2.3

15d

+3.9+5.0-1.0+3.9+0.0

+0.9+6.4-5.5+4.7-3.8

-9.3+1.5-10.8+4.0-13.3

-12.2+3.2-15.4+7.7-19.9

UpDownMarket · Nifty Smallcap 250Sector · Auto Components & Equipments peers, median of 108Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Promoter Riddhi Portfolio Private Limited has released a pledge on 45,00,000 equity shares (face value Rs. 2 each) of Ramkrishna Forgings, representing about 2.49% of the company's total share capital. The pledge was held with Tata Capital Limited and was released on 18 June 2025 to comply with SEBI ICDR lock-in requirements linked to a preferential issue. After this release, the promoter's encumbered shares stand at zero, while its overall holding in the company remains at 33.45% (60,55,703 shares). The disclosure was filed with both BSE and NSE under SEBI SAST Regulations.

Likely market impact

This is a positive signal for shareholders as it removes the encumbrance on a portion of the promoter's stake, reducing financial risk and showing the promoter is freeing up shares, likely to meet SEBI lock-in rules for a preferential allotment. No change in effective promoter ownership has occurred.