Ramkrishna Forgings Ltd

📢 Key Updates from Ramkrishna Forgings: Amalgamation, ESOPs & Financial Restatements

- Joint petition filed for amalgamation of Mel Metaliks & Multtech Auto with Ramkrishna Casting Solutions; hearing on 24 Nov 2025.

- 2,01,965 Equity shares issued under RKF Limited ESOP Scheme 2023.

- Discrepancies in work-in-progress inventories led to restatement of financials for Q2 & H1 ended 30 Sep 2024.

- Approval of unaudited financial results, cash flow statements, and assets/liabilities statements for H1 ended 30 Sep 2025.

- Preferential issue of 34,00,000 convertible warrants (Rs. 588/warrant) to promoter Mr. Chaitanya Jalan, totaling Rs. 199.92 Cr.

- India Ratings & Research appointed as monitoring agency for the preferential warrant issue.