Ramkrishna Forgings has made an additional investment by way of rights issue in the equity share capital of RKFL Engineering Industry (REIPL), wholly owned subsidiary company, by subscription of 1,00,00,000 equity shares for an amount of Rs 10 each, aggregating to Rs 10 crore, in cash.
Ramkrishna Forgings is engaged in the manufacture of Screw Couplings, Draw Gear Assembly, Snubber Assembly, Hanger, Block Hanger Side Frame Key and various other forgings items of Railway Coaches and Wagon.