Ramkrishna Forgings Files Q4FY26 Monitoring Agency Report for Convertible Warrants and Equity Shares
Published on: May 2, 2026, 5:55 p.m. | Source: scanx.trade
Ramkrishna Forgings Limited has submitted the monitoring agency report for the quarter ended 31 March 2026 to both BSE Limited and National Stock Exchange of India Limited. The report, prepared by India Ratings & Research Private Limited, covers the utilization of funds raised through the allotment of 34,00,000 convertible warrants and 6,40,000 equity shares upon conversion of warrants. The company reported no deviation from the stated objects of the issue, which include debt repayment and general corporate purposes. The total issue size for the convertible warrants was INR 199.92 Crores, with INR 49.98 Crores received as upfront consideration during the quarter. The monitoring agency confirmed that all utilization is as per the disclosures in the offer document.
