Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

ramkrishna forgings Ltd. Major Shareholding Notification 2021

Apr 22, 2021

61233_rns_2021-04-22_324b5fbe-7b62-46b2-aac6-bd6c53ac4e85.pdf

Major Shareholding Notification

Open in viewer

Opens in your device viewer

Ramkrishna Rail & Infrastructure Pvt. Ltd.

REGD. & CORPORATE OFFICE: "RAMKRISHNA CHAMBERS" 72, SHAKESPEARE SARANI KOLKATA - 700 017 WEST BENGAL, INDIA PHONE : (+91 33) 3984 0900/0999 $:(+9133)39840998$ FAX

To,

BSE Limited The National Stock Exchange Board of India
Corporate Relationship Department Limited
25th Floor, P J Towers, Exchange Plaza, 5th Floor, Plot No. C/1,
Dalal Street, Fort, Mumbai - 400 001 G Block, Bandra Kurla Complex, Bandra (East),
Scrip code: 532527 Mumbai - 400051
1 Scrip symbol: RKFORGE

Dear Madam/Sir(s)

Subject: Disclosure under Regulation 10(6) read with Regulation 10(1)(d)(iii) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ("Takeover Code")

With reference to subject matter, we hereby inform you that the Equity Shares of Ramkrishna Forgings Limited i.e. Target Company, held by Eastern Credit Capital Private Limited, being part of Promoter Group have been vested into Ramkrishna Rail & Infrastructure Private Limited (RRIPL) being part of the Promoter Group,, pursuant to a Composite Scheme of Arrangement in the matter of Demerger sanctioned by Hon'ble National Company Law Tribunal, Kolkata Bench (NCLT). The transfer of the said shares has been done on 19th April 2021..

Please find attached herewith the disclosure under 10(6) read with Regulation 10(1)(d)(iii) of the Takeover Code, the said acquisition is exempt from the obligation under Regulation 3 and/or Regulation 4 of the Takeover Code.

You are requested to kindly take the same on record and oblige.

Thanking You,

Yours Faithfully,

For Ramkrishna Rail Rinfrastructure Private Limited,

Director

Date: 21st April 2021 Place: Kolkata

Disclosure under Regulation 10(6) read with Regulation 10(1)(d)(iii)

$\sim$ $\sim$

Report to Stock Exchanges in respect of any acquisition made in reliance upon exemption provided for in Regulation 10 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Sr.No. Particulars Details
1) Name of the Target Company (TC) Ramkrishna Forgings Limited
$\overline{2}$ Name of the acquirer(s) Ramkrishna Rail & Infrastructure PrivateLimited
3) Name of the stock exchange whereshares of the TC are listed BSE Limited and National Stock Exchange ofIndia Limited
4) Details of the transaction includingrationale, if any, for the transfer/acquisition of shares. Transfer of 13,00,000 equity shares totheacquirer done on 19th April 2021 pursuant to aComposite Scheme of Arrangement in the natureof Amalgamation sanctioned by Hon'ble NationalCompany Law Tribunal, Kolkata Bench datedOctober 03, 2019.
5) offer. Relevant regulation under which theacquirer is exempted from making open Regulation 10(1)(d)(iii)
6) Whether 1disclosureofproposedacquisition was required to be madeunder regulation 10 (5) and if so,- whether disclosure was made andwhether it was made withinthetimelinespecifiedundertheregulations.- date of filing with the stock exchange. Not Applicable.
7) Details of acquisition WhetherDisclosures required tothebemadeunderdisclosuresunderregulation 10(5)regulation 10(5)areactually made
a) Name of the transferor / seller Not Applicable.
b)$\mathbf{c}$ Date of acquisitionNumber of shares/voting rights inrespect of the acquisitions fromeach person mentioned in 7(a)above
d) Totalproposed tosharesbeacquired / actually acquired as a %of diluted share capital of TC
e) Price at which shares areproposed to be acquired / actuallyacquired
8) Shareholding details Pre-Transaction Post-Transaction
(Transfer)(Transfer)
No. ofshares % w.r.ttotal No. ofshares % w.r.ttotal
held WRA share held share

capital of capital
TC of TC
a. Each Acquirer / Transferee(*)
Ramkrishna Rail & Infrastructure
Private Limited* $\theta$ $\bf{0}$ 13,00,000 4.07
Persons Acting Concern (PACs)*
Naresh Jalan HUFi. 2,68,750 0.84 2,68,750 0.84
Mahabir Prasad Jalan HUFii. 1,20,000 0.38 1,20,000 0.38
iii.Mahabir Prasad Jalan 4,56,000 1.43 4,56,000 1.43
Naresh Jalaniv. 2,85,750 0.89 2,85,750 0.89
Rashmi Jalanv. 4,18,750 1.31 4,18,750 1.31
Chaitanya Jalanvi. 17,420 0.05 17,420 0.05
Eastern Credit Capitalvii.
Private Limited 56,18,500 17.57 43,18,500 13.50
Riddhi Portfolio Privateviii.
Limited 74,92,724 23.43 74,92,724 23.43
$\mathbf{b}$ . Each Seller / Transferor
Credit CapitalPrivateEastern
Limited 56,18,500 17.57 43,18,500 13.50

** The above named Persons Acting Concern are classified as Promoter and Promoter Group in the Shareholding Pattern filed by the Company.

For Ramkrishna Rail & Infrastructure Private Limited,

THE INFR Kolkata Pawan Kumak Kedia Director

Place: Kolkata

Date: 21st April 2021