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Ramkrishna Forgings board to consider allotment of equity shares

19 Jan 2013 Evaluate

Ramkrishna Forgings has informed that a meeting of the board of directors of the company will be held on January 19, 2013, to consider allotment of 781000 equity share of Rs. 10 to Eastern Credit Capital Pvt Ltd at Rs. 128 per share, promoter & 2148400 to International Finance Corporation at Rs. 128 per share, and 3077000 warrants to Eastern Credit Capital Pvt Ltd, Promoter convertible into 3077000 equity shares of Rs. 10 each at Rs. 130 per share.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Bharat Forge 2005.00
Ramkrishna Forgings 702.80
MM Forgings 615.85
Happy Forgings 2065.70
Balu Forge Inds. 508.20
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