Naresh Jalan, a promoter of Ramkrishna Forgings Limited, has created an encumbrance by pledging 12,00,000 equity shares, representing 0.66% of the company's total share capital. The pledge was created on August 4, 2025, in favor of Tata Capital Limited.
The disclosure, made on August 7, 2025, to the stock exchanges and the target company, pertains to the creation of encumbrance in terms of Regulation 31(1) and 31(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Prior to this encumbrance, Naresh Jalan held 45,15,425 shares, amounting to 2.49% of the total share capital. With the creation of the pledge, the encumbered shares now stand at 12,00,000, also representing 0.66% of the total share capital.
The shares were pledged to Tata Capital Limited, with the reason cited as 'Creation of pledge'.
| Particulars | Details |
|---|---|
| Promoter Name | Naresh Jalan |
| Total Shares Held Before Encumbrance | 45,15,425 |
| % of Total Share Capital Before Encumbrance | 2.49% |
| Number of Shares Encumbered | 12,00,000 |
| % of Total Share Capital Encumbered | 0.66% |
| Date of Creation | August 4, 2025 |
| Entity in Favor | Tata Capital Limited |
The disclosure was made to the National Stock Exchange of India Limited and BSE Limited, where Ramkrishna Forgings Limited is listed. The scrip code for BSE Limited is 532527, and the scrip name for the National Stock Exchange of India Limited is RKFORGE.
The pledge was created on August 4, 2025, in favor of Tata Capital Limited.
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