BSECompany Update3d ago · 24 Jul 2026, 03:10 pm
Please find attached statement of deviation for the quarter ended 30 June, 2026
Ramkrishna Forgings Ltd · 532527
✦ AI SummaryResults
Ramkrishna Forgings Ltd has submitted a statement of deviation for the quarter ended 30 June, 2026, regarding the utilization of funds raised through a preferential issue. The company has utilized the funds for working capital repayment and general corporate purposes, with no deviation from the approved objects.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Ramkrishna Forgings Ltd - 532527 - Statement Of Deviation For The Quarter Ended 30 June, 2026
Attachments (1)
📄pdf
Download →
b026251c-b7e1-4d48-bffb-fa582362b21e.pdf
View document text
RAMKRISHNA FORGINGS LIMITED
Date: 24 July, 2026
To To |
The Listing Department The Listing Department |
BSE Limited National Stock Exchange of India Limited
P] Towers Dalal Street “Exchange Plaza” C-1, Block G
Mumbai - 400 001 Bandra- Kurla Complex, Bandra (E)
Mumbai- 400051
BSE SCRIP CODE: 532527 NSE SYMBOL: RKFORGE
Dear Sir/Madam,
Sub: tement of Deviation(s) or Variation(s) i ilisati nds rai rough
Preferential Issue - Regulation 32 of the SEBI (Listing Obligations and Disclosure
irements) Regulations, 2015
Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, please be informed that there is no deviation(s) or variation(s) in respect of
utilization of funds, raised through allotment of 3,35,000 Equity shares, upon conversion of
3,35,000 warrants, to Riddhi Portfolio Private Limited, Promoter during the Quarter ended 30
June, 2026 attached as Annexure A
Copy of the same is being also made available on the website of the Company at
www.ramkrishnaforgings.com.
Kindly take the aforementioned information on record and oblige.
Thanking You.
Yours truly,
For Ramkrishna Forgings Limited
Rajesh Mundhra
ACS 12991
Encl: As above
Tk BcoxosticTiues
INDIA'S
GROWTH
CHAMPIONS
2020 staias
RED;& CORPORATE O
23 CIRCUS AVENUE, KOLKATA 700017, WEST BENGAL, INDIA
PHONE: {+91 3314082 0300 / 7122 0900, FAX: (+91 33)4082 0998 / 7122 0998, EMAIL: info@ramkrishnaforgings.com, WEB: wuww.ramkrishnaforgings com
CIN NO. ;L74210WB1981PLC034281
RAMKERISHNA FORGINGS LIMITED
Statement of Deviation/ Variation in Utilisation of Funds raised through Preferential
Issue for the Quarter ended 30 June, 2026
Name of listed entity Rambkrishna Forgings Limited
Mode of Fund Raising Allotment of 3,35,000 (Three Lakh Thirty
Five Thousand) Equity Shares of face
value of Rs. 2/- each on exercise of
conversion of 3,35,000 Warrants upon
receipt of an amount aggregating to Rs.
52,76,25,000/- (Rupees Fifty Two Crore
Seventy Six lakh Twenty Five Thousand
only) at the rate of Rs. 1,575/- per
Warrant (being 75% of the Warrant Issue
price) from warrant holder.
Date of Raising Funds | 9]une, 2026
Amount Raised Rs. 52.76 Crores
Report filed for Quarter ended 30 June, 2026
Monitoring Agency : Yes
Monitoring Agency Name, if applicable ~ | India Rating & Research Private Limited
Is there a Deviation / Variation in use of funds - No
raised -
If yes, whether the same is pursuant to change in | Not Applicable
terms of a contract or objects, which was
approved by the shareholders
If Yes, Date of shareholder Approval Not Applicable
Explanation for the Deviation / Variation Not Applicable
Comments of the Audit Committee after review | None
Comments of the auditors, if any None
i Ecoyonic \
INDIA'S
GROWTH .
CHAMPIONS
2020 suisz
'GISTERED, & CORPORATE OFF o
23 CIRCUS AVENUE, KOLKATA 700017, WEST BENGAL, INDIA
PHONE: (+91 33]408000 8/ 71222 0300, FAX: (+91 33)4082 0998 / 7122 0998, EMAIL: info@ramkrishnaforgings.com, WEB: ww.ramkrishnaforgings.com
CIN NO. :L74210WB1981PLC034281
'RAMKERISHNA FORGINGS LIMITED
Objects for which funds have been raj ised and where there has been a deviation, in the
following table : :
Original Object Modified Original Modified Funds Amount of Rema
Object, if | Allocation | allocation, | Utilised | Deviation/Variation | rksif
any (Rs.In ifany (Rs.In for the Quarter any
Crores) Crores) | -according to
i . applicable object
a) Working Capital Repayment:
Repayment of Working Capital
Loans including Working
Capital Demand Loans together 0.00 1.58 0.00 1.58 0.00 -
with Interest payments
thereof, in part or full, availed
by the Company
b) General Corporate Purpose:
Upto 25% of Issue Proceeds
will be utilised for General 0.00 51.18 0.00 51.18 0.00 -
Corporate Purpose
TOTAL 52.76 52.76
For Ramkrishna Forgings Limited
Rajesh Mundhra
Company Secretary
ACS 12991
Tiak oosoe T
INDIA'S
GROWTH
CHAMPIONS
\ 2020 sisan
23 CIRCUS AVENUE, KOLKATA 700017, WEST BENGAL, INDIA
PHONE: (+91 3314082 03/0 71022 0900, FAX: {+91 33]4082 0998 / 7122 0998, EMAIL: info@ramkrishnaWEfBo: wrwgw.iranmkgrissh.nacfoorgmin,gs .com
CIN NO. :L74210WB1981PLC034281