Riddhi Portfolio Private Limited has disclosed the acquisition of 1,00,000 Equity Shares in Ramkrishna Forgings Limited. This disclosure is made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction impacts the total shareholding of Riddhi Portfolio Private Limited and its Persons Acting in Concert (PACs) in the target company.
Share Acquisition Disclosure
Riddhi Portfolio Private Limited has formally announced the acquisition of 1,00,000 Equity Shares of Ramkrishna Forgings Limited. This disclosure is made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The announcement details the cumulative shareholding of Riddhi Portfolio Private Limited and its associated Persons Acting in Concert (PACs).
Holding Details Pre and Post Acquisition
Prior to this acquisition, Riddhi Portfolio Private Limited, along with its PACs, held a total of 7,59,44,606 Equity Shares, representing 40.93% of the total share capital of Ramkrishna Forgings Limited. The acquisition of 1,00,000 Equity Shares by Riddhi Portfolio Private Limited on 6 November, 2026, brings its individual holding to 6,32,82,039 shares. Following the acquisition, the aggregate holding of Riddhi Portfolio Private Limited and its PACs in Ramkrishna Forgings Limited stands at 7,59,44,606 shares, with their percentage holding remaining at 40.93% of the total share capital.
The total equity share capital of Ramkrishna Forgings Limited before and after the said acquisition is stated as Rs. 37,11,40,034/-, representing 18,55,70,017 Equity Shares with a face value of Rs. 2/- each. The disclosure also notes certain encumbrances on shares held by Riddhi Portfolio Private Limited and Mr. Naresh Jalan, which have not been included in the calculation of total holding for specific purposes.
Additionally, the document references a re-classification of MAA Chandi Financial Advisory Services Pvt Ltd from ‘Promoter and Promoter Group’ to ‘Public’ category, effective 19 September, 2026, which reduced the Promoter and Promoter Group shareholding by 65,00,000 Equity shares.
Source: BSE
