Ramkrishna Forgings has announced the creation of a pledge on 1,00,000 Equity Shares, each with a face value of Rs. 2/-. This encumbrance was created on September 18, 2025. The shares were pledged by promoter Naresh Jalan in favor of Tata Capital Limited, concerning a loan to Riddhi Portfolio Pvt. Ltd.
Details of Share Pledge
A pledge has been created on 1,00,000 equity shares of Ramkrishna Forgings Limited, with a face value of Rs. 2/- each. This creation of encumbrance was executed on September 18, 2025.
Parties Involved
The promoter, Naresh Jalan, has pledged the shares. The beneficiary of this pledge is Tata Capital Limited. The pledge is related to a loan obtained by Riddhi Portfolio Pvt. Ltd.
Impact on Shareholding
Following this creation of pledge, the total number of encumbered shares held by Naresh Jalan is 13,00,000, representing 0.72% of the total share capital. The total number of shares held by Naresh Jalan remains at 45,15,425 or 2.49% of total share capital.
Source: BSE
