Ramkrishna Forging has informed that as per the order dated 21st August 2023 (NCLT Order) of the National Company Law Tribunal (NCLT) approving the resolution plan (“Approved Resolution Plan”) for the acquisition of JMT Auto (JMT) by Ramakrishna Forgings (Company), the monitoring committee of JMT has approved the issuance and allotment of shares of JMT to RKFL Engineering Industry (REIPL) such that REIPL acquires JMT. REIPL is a wholly owned subsidiary of the Company. The required disclosure specified in Para A of Part A of Schedule [II of LODR Regulations read with Chapter V, Section V-A read with Annexure 18 of SEBI/HO/CFD/PoD2/CIR/P/2023/120, Master circular for compliance with the provisions of the Securities and Exchange Board of India {Listing Obligations and Disclosure Requirements) Regulations, 2015 by listed entities, dated 11th July 2023, is enclosed as Annexure A.
The above information is a part of company’s filings submitted to BSE.
