Ramkrishna Forgings files a mandatory SEBI Regulation 32 disclosure confirming no deviations in fund utilization from preferential issuances.
Reports Rs. 49.98 crore raised from 25% upfront payment for 34 lakh convertible warrants on 14-Jan-2026, fully utilized for working capital.
Confirms Rs. 100.80 crore raised from conversion of 6.4 lakh warrants into equity shares on 27-Mar-2026, also for working capital.
Disclosure states India Ratings & Research is the monitoring agency, with no audit committee or auditor comments on the utilization.