Riddhi Portfolio pledges Ramkrishna Forgings shares for Tata Capital loan

Riddhi Portfolio Private Limited has informed stock exchanges about the creation of an encumbrance on 65,00,000 equity shares of Ramkrishna Forgings Limited, each with a face value of Rs. 2/-. This disclosure, dated September 24, 2025, follows SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The pledge, created on September 19, 2025, is for a loan taken from Tata Capital Limited. Following this transaction, the total number of encumbered shares of Ramkrishna Forgings Limited held by Riddhi Portfolio Private Limited now stands at 1,10,00,000, representing 6.08% of the total share capital.

Before this pledge, Riddhi Portfolio Private Limited held 60,55,7039 shares, or 33.45% of the total share capital. The 65,00,000 pledged shares constitute 3.59% of the total share capital, increasing the encumbered holdings from 45,00,000 shares (2.49%) to the current 1,10,00,000 shares.