Riddhi Portfolio Private Limited has created a pledge on 65,00,000 equity shares of Ramkrishna Forgings Limited, with a face value of ₹2 each. This pledge, created on September 19, 2025, represents 3.59% of the total share capital. The shares are pledged in favor of Tata Capital Limited for a loan.
Pledge Creation Details
Riddhi Portfolio Private Limited has created a pledge on equity shares of Ramkrishna Forgings Limited. The pledge involves 65,00,000 equity shares.
Shareholding and Impact
The pledged shares represent 3.59% of the total share capital. Following this pledge, the total encumbered shares held by the promoter amount to 1,10,00,000, constituting 6.08% of the total share capital.
Reason for Pledge
The creation of this pledge is to secure a loan from Tata Capital Limited. The pledge was officially created on September 19, 2025.
Promoter Holding
Before the pledge, the promoter held 60,55,7039 shares, representing 33.45% of the total share capital. A total of 45,00,000 shares were already encumbered, representing 2.49% of total share capital.
Source: BSE
