ramkrishna forgings Ltd. — Capital/Financing Update 2025

Dec 23, 2025

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Date: 23 December, 2025

To The Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 BSE SCRIP CODE: 532527	To The Listing Department National Stock Exchange of India Limited “Exchange Plaza” C-1, Block G, Bandra-Kurla Complex, Bandra (E), Mumbai- 400 051 NSE SYMBOL: RKFORGE

Dear Sir/Madam,

Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

This is further to our letter dated 17 November, 2025, submitting the Notice of Extra Ordinary General Meeting of the Members of the Company to be held on Friday, 12 December, 2025 at 11:30 AM (I.S.T) through Video Conferencing/Other Audio-Visual Means (VC/OAVM).

Subsequent to the issuance of the EGM Notice and pursuant to the applications filed by the Company for obtaining in-principle approval from BSE Limited and the National Stock Exchange of India Limited (“Stock Exchanges”) in respect of Item No. 1 of the EGM Notice (i.e. Issuance of upto 34,00,000 Warrants each convertible into or exchangeable for one Equity Share of Face Value of Rs 2 each of the Company to Promoter of the Company) (“Preferential Issue”), The Stock Exchanges has asked the Company to provide certain clarifications/ information in respect to the Preferential Issue.

As regards Point 15 on page 14 of the EGM Notice, the revised point 15 will be read as provided in Annexure A . Further, as regards the first table in Point 6 on page 12 of the EGM Notice, the revised first table in Point 6 will be read as provided in Annexure B .

Request you to kindly take the same on record.

Thanking you.

Yours faithfully,

For Ramkrishna Forgings Limited

RAJESH Digitally signed by RAJESH MUNDH MUNDHRA Date: 2025.12.23 RA 11:58:17 +05'30'

Rajesh Mundhra Company Secretary & Compliance Officer ACS: 12991 Enclosed: As above

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REGISTERED & CORPORATE OFFICE

23 CIRCUS AVENUE, KOLKATA 700017, WEST BENGAL, INDIA

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PHONE: (+91 33)4082 0900 / 7122 0900, FAX: (+91 33)4082 0998 / 7122 0998, EMAIL: info@ramkrishnaforgings.com, WEB: www.ramkrishnaforgings.com

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Annexure A

15. Shareholding Pattern of the Company before and after the Preferential Issue:

Sr. No.	Category	Pre-Issue	Pre-Issue	Post-Issue	Post-Issue
		Total No. of Equity Shares held	% age of Shareholding	Total No. of Equity Shares held	% age of Shareholding
A.	Shareholding of Promoter and Promoter Group
1	Indian:
	a) Individuals
	i) Chaitanya Jalan*	30,47,900	1.68	64,47,900	3.48
	ii) Others	79,64,667	4.40	79,64,667	4.30
	b) Bodies Corporate		0.00		0.00
	i) Riddhi Portfolio Private Limited#	6,05,57,039	33.45	6,15,32,039	33.19
	ii) Ramkrishna Rail and Infrastructure Private Limited $	65,00,000	3.59	65,00,000	3.51
	Total Shareholding of Promoter and Promoter Group (A)	7,80,69,606	43.13	8,24,44,606	44.47
B.	Non-Promoters’ / Public Shareholding:
1	Institutions:
	a) Mutual Funds	17,53,356	0.97	17,53,356	0.95
	b) Alternative Investment Funds	26,39,611	1.46	26,39,611	1.42
	c) Financial Institution/ Banks	-	0.00	-	0.00
	d) Insurance Companies	28,91,241	1.60	28,91,241	1.56
	e) NBFC Registered with RBI	1,110	0.00	1,110	0.00
	f) Foreign Portfolio Investors Category I	3,56,78,697	19.71	3,56,78,697	19.24
	g) Foreign Portfolio Investors Category II	31,03,436	1.71	31,03,436	1.67
	h) Any other	-	0.00	-
	Sub-Total (B1)	4,60,67,451	25.45	4,60,67,451	24.85
2	Central Government/State Government(s)/President of India	-	-	-
	Shareholding by Companies or Bodies Corporate where Central / State Government is a promoter	-	-	-
	Sub-Total (B2)	-	-	-
3	Non-Institutions:
	a) Key Managerial Personnel	1,30,562	0.07	1,30,562	0.07

RAJESH Digitally signed by RAJESH MUNDHR MUNDHRA Date: 2025.12.23 A 11:59:03 +05'30'

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REGISTERED & CORPORATE OFFICE

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23 CIRCUS AVENUE, KOLKATA 700017, WEST BENGAL, INDIA

PHONE: (+91 33)4082 0900 / 7122 0900, FAX: (+91 33)4082 0998 / 7122 0998, EMAIL: info@ramkrishnaforgings.com, WEB: www.ramkrishnaforgings.com

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	b) Investor Education and Protection Fund (IEPF)	17,290	0.01	17,290	0.01
	c) Individual	3,83,63,561	21.19	3,83,63,561	20.69
	d) NRI	9,13,839	0.50	9,13,839	0.49
	e) Bodies Corporate	1,61,13,377	8.90	1,61,13,377	8.69
	f) Foreign Nationals	-	0.00	-	0.00
	f) Any other		0.00		0.00
	i) Clearing Members	-	0.00	-	0.00
	ii) HUF	10,82,618	0.60	10,82,618	0.58
	iiii)Trusts	50,775	0.03	50,775	0.03
	Sub-Total (B3)	5,66,72,022	31.31	5,66,72,022	30.57
	Total Public Shareholding (B)=(B1)+(B2)+(B3)	10,27,39,473	56.75	10,27,39,473	55.41
C.	Employee Benefit Trust (under SEBI (Share based employee Benefit) Regulations, 2014 (C)	2,21,525	0.12	2,21,525	0.12
	GRAND TOTAL (A) + (B) + (C)	18,10,30,604	100.00	18,54,05,604	100.00

#The holding of Riddhi Portfolio Private Limited includes 9,75,000 warrants allotted on 14 August, 2025 assuming full conversion of the same into Equity Shares in the Post Issue Shareholding pattern.

*The Post Issue Shareholding Pattern in the above table has been prepared with Pre-Issue-Shareholding as on 7 November, 2025, on the basis that the Proposed Allottees would subscribe to all the Warrants and have been allotted all the Equity Shares of ₹ 2 each upon conversion of Warrants.

In the event for any reason, the Proposed Allottee does not or is unable to subscribe to and/or is not allotted the Equity Shares, the shareholding pattern in the above table would undergo corresponding changes.

It is further assumed that the shareholding of the Company in all other categories will remain unchanged.

$ Ramkrishna Rail Infrastructure Private Limited (RRIPL), a member of the “Promoter Group”, is holding 65,00,000 Equity Shares (3.57%) of Ramkrishna Forgings Limited. The Board of Directors of Ramkrishna Forgings Limited have approved vide resolution dated 12 November 2025 the reclassification of RRIPL from “Promoter Group” category to “Public’ Category” shareholder subject to the approval of the Stock Exchanges, shareholders and such other approvals/confirmations/consents as may be necessary in terms of the SEBI LODR Regulations.

RAJESH Digitally signed by RAJESH MUNDH MUNDHRA Date: 2025.12.23 RA 11:59:19 +05'30'

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REGISTERED & CORPORATE OFFICE

23 CIRCUS AVENUE, KOLKATA 700017, WEST BENGAL, INDIA

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PHONE: (+91 33)4082 0900 / 7122 0900, FAX: (+91 33)4082 0998 / 7122 0998, EMAIL: info@ramkrishnaforgings.com, WEB: www.ramkrishnaforgings.com

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Annexure B

6. Utilization of Issue Proceeds:

Given that the funds to be received against Warrant conversion will be in tranches and the quantum of funds required on different dates may vary, therefore, the use of the Issue Proceeds for the above Objects is set out herein below:

Sr. No	Particulars	Total estimated amount to be utilised for each of the Objects (₹ in Crores)	Tentative Timeline for Utilization of Issue Proceeds from the date of receipt of funds
1.	DebtRepayment	149.94	Within a maximum period of 24 (twenty-four) months from receipt of funds
2.	GeneralCorporatePurposes	49.98
	Total	199.92

For Ramkrishna Forgings Limited

RAJESH Digitally signed by RAJESH MUNDH MUNDHRA Date: RA 2025.12.23 11:59:36 +05'30'

Rajesh Mundhra Company Secretary & Compliance Officer ACS: 12991

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REGISTERED & CORPORATE OFFICE

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23 CIRCUS AVENUE, KOLKATA 700017, WEST BENGAL, INDIA

PHONE: (+91 33)4082 0900 / 7122 0900, FAX: (+91 33)4082 0998 / 7122 0998, EMAIL: info@ramkrishnaforgings.com, WEB: www.ramkrishnaforgings.com