The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on August 16, 2025 for Riddhi Portfolio Pvt Ltd
RKFORGE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Promoter Riddhi Portfolio Private Limited has created a pledge on 45,00,000 equity shares (face value Rs. 2 each) of Ramkrishna Forgings Ltd, which works out to 2.49% of the company's total share capital. The pledge was created on 12th August 2025 in favor of Tata Capital Limited, after Riddhi Portfolio complied with the mandatory lock-in requirement under SEBI ICDR Regulations relating to a preferential issue. Before this pledge, Riddhi Portfolio held 60,55,703 shares (33.45%) in Ramkrishna Forgings. The disclosure has been filed with both BSE and NSE under SEBI Takeover Regulations.
This is a routine encumbrance disclosure — only a small 2.49% of total share capital has been pledged, so the financial leverage or risk to shareholders remains limited. Investors should watch for any future invocation of this pledge, which could signal liquidity stress at the promoter level.