Ramkrishna Forgings Limited has made a disclosure pursuant to Regulation 30 of SEBI LODR Regulations, 2015 regarding the allotment of equity shares upon conversion of warrants.
Key Quantitative Figures
- Number of equity shares allotted: 3,35,000 shares of face value ₹2 each
- Amount received for warrant exercise: ₹52,76,25,000 (₹1,575 per warrant)
- Total warrant issue price: ₹2,100 per warrant (including ₹525 subscription price and ₹1,575 exercise price)
- Post-allotment paid-up equity capital: ₹36,43,40,034
- Post-allotment total equity shares: 18,21,70,017 fully paid-up equity shares of ₹2 each
Dates of Action
- Original warrant allotment date: 14 August 2025
- Capital Market Committee meeting date: 9 June 2026
- Warrant conversion approval date: 9 June 2026
Parties Involved
- Warrant holder/allottee: Riddhi Portfolio Private Limited (Promoter category)
- Approving authority: Capital Market Committee of Ramkrishna Forgings Limited
- Regulatory references: SEBI LODR Regulations 2015, SEBI Master Circular Ho/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Historical Context
The company had originally allotted 9,75,000 warrants on preferential basis on 14 August 2025. Prior to this conversion:
- 6,40,000 warrants had already been converted to equity shares
- ₹100,80,00,000 was received for the previous conversion
- 3,35,000 warrants remained pending for conversion
Capital Structure Impact
The new equity shares rank pari passu with existing equity shares. The warrant conversion completes the entire preferential issue of 9,75,000 warrants with zero warrants remaining pending for conversion after this allotment.
Meeting Details
The Capital Market Committee meeting commenced at 4:30 PM and concluded at 4:50 PM on 9 June 2026.
Additional Information
The disclosure has been made available on the company's website at www.ramkrishnaforgings.com.