BSECompany Update23h ago · 30 Oct 2026, 05:08 pm

Pursuant to Regulation 32 of the SEBI LODR Regulations, 2015, please find enclosed Statement of Deviation or variation for the quarter ended 30 September, 2026

Ramkrishna Forgings Ltd · 532527

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Ramkrishna Forgings Ltd has submitted a statement of deviation or variation in the utilization of funds raised through a preferential issue, stating that there is no deviation or variation in the utilization of funds for the quarter ended 30 September 2026.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Ramkrishna Forgings Ltd - 532527 - Statement Of Deviation Or Variation For The Quarter Ended 30 September, 2026

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" RAMKRISHNA FORGINGS LIMITED Date: 30 October, 2026 To To The Listing Department The Listing Department BSE Limited National Stock Exchange of India Limited PJ 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: Statement of Deviation(s) or Variation(s) in utilisation of funds raised thro referential Issue - lation 32 of tl EBI (Listin; igations and Dis: Requirements) 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 34,00,000 Equity shares of face value of Rs. 2/- each upon conversion of 34,00,000 warrants, to Mr. Chaitanya Jalan, Promoter of the Company during the Quarter ended 30 September, 2026 attached as Annexure A. Copy of the same is also being 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 Company Secretary & Compliance ACS 12991 Encl: As above g Icoxonic T INDIA'S GROWTH CHAMPIONS 2020 st 23 CIRCUS AVENUE, KOLKATA 700017, WEST BENGAL, INDIA PHONE: (+91 33)4082 0300/ 7122 0900, FAX: (+91 33)4082 0998 / 7122 0998, EMAIL: info@ramkrishnaforgings.com, WEB: wwuw.ramksishnaforgings.com CIN NO, :L74210WB1981PLC034281 'RAMKRISHNA FORGINGS LIMITED Annexure A tatement of Deviation/ Variation in Utilisation of Fun d through Preferential Issue for the Quarter ended 30 September, 2026 Name ofl isted entity: Ramkrishna Forgings Limited Mode of Fund Raising | Allotment of 34,00,000 (Thirty Four Lakh) Equity Shares of face value of Rs. 2/- each on exercise of conversion of 34,00,000 Warrants upon receipt of an amount aggregating to Rs. 149,94,00,000/- (Rupees One Hundred Forty Nine Crore and Ninety Four Lakh only) at the rate of Rs. 441/- per Warrant (being 75% of the Warrant Issue price i.e Rs. 588/-) from warrant holder. Date of: Raisifig Funds 24 September, 2026 Amount Raised Rs. 149.94 Crores Repon‘flled for Quarter ended 30 September, 2026 Momtormg Agency Yes Momtormg Agency Name, 1f applicable India Rating & Research Private Limited Is there a Deviation / Variationi n 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, ifany. None T Jcoxome Tiies. INDIA'S GROWTH CHAMPIONS 2020 s 23 CIRCUS AVENUE, KOLKATA 700017, WEST BENGAL, INDIA PHONE: (+91 33)043000 /8 71222 0900, FAX: (+91 33)409908 /8 71222 0998, EMAIL: info@ramkrishnaforgings.com, WEB: wwiw.ramkrishnaforgings.com CIN NO. :L74210WB1981PLC034281 'RAMKRISHNA FORGINGS LIMITED Objects for which funds have been raised and where there has been a deviation, in the following table : < . : . - s Doy ‘Original Object Modified | Original Modified Funds . Amount of Rema . Object, if | Allocation | allocation, Utilised | Deviation/Variation | rksif - any - (Rs.In ifany = | (Rs.In | fortheQuarter | any Crores) | Crores) ‘according to o . o applicable object a) Working Capital Repayment: Repayment of Working Capital Loans including Working Capital Demand Loans together 0.00 99.96 0.00 99.96 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 49.98 0.00 49.98 0.00 - Corporate Purpose TOTAL 149.94 149.94 Rajesh Mundhra Company Secretary ACS 12991 Tk coxonic TS INDIA'S GROWTH CHAMPIONS slsor CIRCUS AVENUE, KOLKATA 700017, WEST BENGAL, INDIA PHONE: (+91 33)4082 0300 / 7122 0900, FAX: (+91 33)09948 /0 71282 09298, EMAIL: Info@ramkrishnaforgings.coWEmB,: www.ramirishnaforgings.com CIN NO. :L74210WB1981PLCO34281