Promoter and Director Chaitanya Jalan acquired 34,00,000 equity shares via preferential conversion of warrants for ₹199.92 Crore. This reflects his increased equity stake in the company.
Ramkrishna Forgings Limited allotted 34,00,000 equity shares through a preferential issue at Rs. 588 per share. The transaction raised Rs. 199.92 Crore from a single investor, expanding the paid-up capital.
Ramkrishna Forgings allotted 34,00,000 shares to promoter Mr. Chaitanya Jalan on warrant conversion. The company received Rs.149.94 Crore as balance consideration, raising paid-up capital.
Ramkrishna Forgings has reclassified MAA Chandi Financial Advisory Services Private Limited from the 'Promoter' category to the 'Public' category following shareholder approval.
Ramkrishna Forgings Limited announced the postal ballot results approving the reclassification of Maa Chandi Financial Advisory Services Private Limited from promoter to public category.
Ramkrishna Forgings has been assigned an ESG score of 61.26 by Niche Ninety-Nine Capability and Certifications (OPC) Private Limited on a voluntary basis.
Ramkrishna Forgings disclosed that ESG Risk Assessments & Insights Limited voluntarily assigned it an ESG score of 60. The rating was independently derived from public information, with no transaction involved.
Ramkrishna Forgings has allotted equity shares under its Employee Stock Option/Purchase Scheme (ESOP/ESPS). This allotment is a routine capital adjustment.
Ramkrishna Forgings Limited allotted 1,200 equity shares to an employee under its 2023 ESOP scheme. The allotment was made at an exercise price of Rs. 556.
Ramkrishna Forgings Q1 FY27 consolidated revenue grew 19.8% YoY to ₹1,217 crores, with PAT surging 297% to ₹46.88 crores. Management is shifting focus from Capex to sweating assets and margin expansion.
RKFL reported strong Q1 FY27 results with consolidated revenue of ₹1,217 crore, up 19.8% YoY. Strategy focuses on diversification into Railways, Oil & Gas, and non-ferrous forgings for Aerospace and Semiconductors.