Riddhi Portfolio Private Limited has disclosed the acquisition of 1,00,000 equity shares of Ramkrishna Forgings Limited. This transaction was made in accordance with Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition details indicate a change in shareholding percentages for both the acquirer and persons acting in concert.
Significant Share Acquisition by Riddhi Portfolio
Riddhi Portfolio Private Limited has officially announced the acquisition of 1,00,000 equity shares in Ramkrishna Forgings Limited, the target company. This disclosure is made in compliance with Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The announcement, dated November 7, 2026, provides a detailed breakdown of the shareholding before and after the transaction, along with the percentage of voting rights held by the acquirer and its persons acting in concert (PACs).
Details of the Acquisition
The acquisition details reveal that prior to this transaction, Riddhi Portfolio Private Limited and its PACs held a substantial number of shares. Following the acquisition of 1,00,000 equity shares, the total shareholding of Riddhi Portfolio Private Limited stands at 6,33,82,039 shares, representing 34.15% of the total voting capital. The acquisition was made through Open Market purchases on November 6, 2026.
Shareholding Before and After
Before the acquisition, the combined shareholding of Riddhi Portfolio Private Limited and its PACs was 7,59,44,606 shares, accounting for 40.93% of the total voting capital. The acquisition of 1,00,000 shares represents 0.05% of the total share capital. The total diluted share/voting capital of Ramkrishna Forgings Limited before and after the acquisition remains based on an equity share capital of Rs. 37,11,40,034/- (18,55,70,017 Equity Shares of face value Rs. 2/- each).
Source: BSE
