BSEInsider Trading / SAST17h ago · 9 Nov 2026, 04:57 pm

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Riddhi Portfolio Pvt Ltd & PACs

Ramkrishna Forgings Ltd · 532527

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Riddhi Portfolio Private Limited has acquired 50,000 equity shares of Ramkrishna Forgings Limited, a 0.03% stake in the company, through open market purchases. The acquisition was made on November 8, 2026. The total equity share capital of Ramkrishna Forgings Limited before and after the acquisition remains Rs. 37,11,40,034/-, with 18,55,70,017 equity shares of face value Rs. 2/- each.

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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 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

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. : fl REGISTERED OFFICE : Riddhi Portfolio Pvt. Ltd. KOLKATA-700017 . WEST BENGAL, INDIA PHONE : (+91 33) 3502 3900 (+91 33) 7122 0900 CIN No. U67120WB1995PTC071066 Date: 9 November, 2026 The Listing Department The Listing Department National Stock Exchange of India Limited BSE Limited Phiroze Jeejeebhoy Towers “Exchange Plaza”, C-1, Block G, Dalal Street Bandra Kurla Complex, Bandra (East) Mumbai 400 001 Mumbai 400 051 BSE SCRIP CODE: 532527 NSE SYMBOL: RKFORGE The Company Secretary Ramkrishna Forgings Ltd 23, Circus Avenue Kolkata 700017 Dear Sir, Sub: - f Shares an ko rs) Re ions, 2011 (“SEBI S, lations” Please find enclosed the disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for acquisition of 50,000 Equity Shares of Ramkrishna Forgings Limited, Target Company. Kindly take note of the same on your record and acknowledge the receipt of the same. Thanking You. Yours Faithfully, For Riddhi Portfolio Private Limited 9 BT LD Pawan W”’ Director - DIN: 00375557 Encl.: As above REGISTERED OFFICE : Riddhi Portfolio‘Pvt. Ltd. 23, CIRCUS AVENUE KOLKATA - 700 017 WEST BENGAL, INDIA PHONE : (+91 33) 3502 3900 (+91 33) 7122 0900 CIN No. U67120WB1995PTC071066 FORMAT FOR DISCLOSURES UNDER REGULATION 29(2) OF THE SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011 1. Name of the Targ_et Company (TC) Ramkrishna Forgings Limited 2. Name(s) of the acquirer and Persons | Acquirer Acting in Concert (PAC) with the | -Riddhi Portfolio Private Limited acquirer* Persons Acting in Concert (PAC) -Mr. Naresh Jalan -Mr. Chaitanya Jalan -Mrs. Rashmi Jalan -Naresh Jalan HUF | -Mrs. Radhika Jalan | -Mr. Mahabir Prasad Jalan -Mahabir Prasad Jalan HUF | -Ms. Riddhi Jalan 3. Whether the acquirer belongs to| Yes Promoter/Promoter group 4. Name(s) of the Stock Exchange(s) where | BSE Limited the shares of TC are Listed National Stock Exchange of India Limited 5. Details of the acquisition of shares/voting Number % w.r.t. total % w.r.t. rights/holding of the Acquirer and PAC s"“‘c':;‘;t‘;'li"g ;::'rg‘,’;'o“t‘:‘: wherever capital of applicable the TC (*) Before the acquisition under consideration, holding of acquirer along with PACs of: a) Shares carrying voting rights* -Riddhi Portfolio Private Limited 6,33,82,039 34.15 34.15 -Mr. Naresh Jalan 27,65,425 1.49 1.49 -Mr. Chaitanya Jalan 64,47,900 3.48 3.48 -Mrs. Rashmi Jalan 20,94,300 1.13 113 -Naresh Jalan HUF 13,43,750 0.72 0.72 -Mrs. Radhika Jalan 11,192 0.01 0.01 -Mr. Mahabir Prasad Jalan - - - -Mahabir Prasad Jalan HUF - - - -Ms. Riddhi Jalan - - - : TOTAL 7,60,44,606 40.98 40.98 For RIDDH) PoRTroy - Directo, REGISTERED OFFICE : 23, CIRCUS AVENUE Riddhi Portfoliovat. Ltd. KOLKATA - 700 017 WEST BENGAL, INDIA PHONE : (+91 33) 3502 3900 (+91 33) 7122 0900 CIN No. U67120WB1995PTC071066 [b) Shares in the nature of encumbrance | (pledge/ lien/ non-disposal undertaking/ others) i) Riddhi Portfolio Private Limited 1,10,00,000# i) Mr. Naresh Jalan 13,00,000% TOTAL 1,23,00,000* | ©) Voting rights (VR) otherwise than by equity shares d) Warrants/ convertible-securities/-any—other | instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category): Total (atb+c+d) 7,59,44,606 Details of acquisition a) Shares carrying voting rights acquired -Riddhi Portfolio Private Limited 50,000 b) VRs acquired otherwise than by equity shares c) Warrants /convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in | the TC (specify holding in each category) | acquired: d)S hares in the nature of encumbrance (pledge/ lien/ non-disposal undertaking/ others) e) Total (a+b+c+/-d) 50,000 0.03 0.03 After the acquisition, holding of acquirer along with PACs on increased share capital a) Shares carrying voting rights* -Riddhi Portfolio Private Limited 6,34,32,039 | -Mr. Naresh Jalan 27,65,425 -Mr. Chaitanya Jalan 64,47,900 -Mrs. Rashmi Jalan 20,94,300 -Naresh Jalan HUF 13,43,750 For RIDDHI PORTFOLIO J¥T. Director . o s o Riddhi Portfolio Pvt. Ltd. KOLKA- T700A 0 17 WEST BENGAL, INDIA PHONE : (+91 33) 3502 3900 (+91 33) 7122 0900 CIN No. U67120WB1995PTC071066 [ -Mrs. Radhika Jalan 1,192 0.01 0.01 ’ -Mr. Mahabir Prasad Jalan . [ - - ’ -Mahabir Prasad Jalan HUF - - - -Ms. Riddhi Jalan - - - TOTAL 7,60,94,606 41.01 41.01 i b) VRs otherwise than by equity shares - - - c) Warrants/ cenvertible-securities/-any—other instrument that entitles the acquirer to receive shares carrying voting rights in the - - - TC (specify holding in each category): d) Shares in the nature of encumbrance (pledge/ lien/ non-disposal undertaking/ | others) | i) Riddhi Portfolio Private Limited 1,10,00,000# 5.93 593 i) Mr. Naresh Jalan 13,00,000% 0.70 0.70 TOTAL 1,23,00,000° 5.63 663 | Total (a+b+c+d) 7,60,94,606 41.01 41.01 Mode of acquisition (e.g. open market / public issue / rights issue /preferential allotment / | Open Market inter-se transfer, etc.) Salient features of the securities acquired including time till redemption, ratio at which it | Not Applicable can be converted into equity shares, etc. Date of acquisiton of/ date of receipt of intimation of allotment of shares /NVR/ warrants/convertible securities/any other | 8 November, 2026 instrument that entitles the acquirer to receive shares in the TC. Equity share capital / total voting capital of the | Rs. 37,11,40,034/- (i.e 18,55,70,017 Equity Shares of TC before the said acquisition face value of Rs. 2/- each) Equity share capital/ total voting capital of the | Rs. 37,11,40,034/- (i.e 18,55,70,017 Equity Shares of TC after the said acquisition face value of Rs. 2/- each) Total diluted share/voting capital of the TC | Rs. 37,11,40,034/- (i.e 18,55,70,017 Equity Shares of after the said acquisition face value of Rs. 2/- each) Portfolio Private Limited and thus have not been included for the purposes of calculation of total holding. For RIDDHI POW") frecte: W REGISTERED OFFICE : - - . 23, CIRCUS AVENUE Riddhi Portfolio Pvt. Ltd. KOLKA- T700 A0 17 WEST BENGAL, INDIA I PHONE : (+91 33) 3502 3900 (+91 33) 7122 0900 CIN No. U67120WB1995PTC071066 #13,00,000 Equity Shares in the nature of encumbrance form part of the Equity Shares held by Mr. Naresh Jalan and thus have not been included for the purposes of calculation of total holding. * The Company has received NOC letter for Re-classification of MAA Chandi Financial Advisory Services Pvt Ltd (formerly Ramkrishna Rail & Infrastructure Pvt Ltd) from 'Promoter and Promoter Group' category to 'Public' Category from NSE and BSE dated 5 August, 2026 and has obtained shareholders approval through postal ballot dated 19 September, 2026. Accordingly Promoter and promoter Group shareholding reduced by 65,00,000 Equity shares w.e.f 19 September, 2026. For Riddhi Portfolio PrivateLi For RIDDHI PORTFOL! Pawan Kumar Kedia Place: Kolkata Director : 00375557 Date: 09/11//2026 Note: (*)Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Regulation 31 of SEBI {Listing Obligation and Disclosure Requirements) Regulations, 2015 (**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.