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
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Governance Concern1/10
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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