Ramkrishna Forgings Reclassifies Promoter Entity to Public

has received shareholders’ approval to reclassify Maa Chandi Financial Advisory Services from the promoter group category to the public category. The resolution was approved through a postal ballot, receiving 93.8% support from the votes cast. The reclassification marks a change in the entity’s shareholding classification and follows the company’s prescribed corporate and regulatory process. The move will result in Maa Chandi Financial Advisory Services being classified as a public shareholder instead of being part of the promoter group, subject to applicable regulatory requirements and approvals. The company’s latest disclosure provides clarity on the revised shareholding classification following the shareholders’ voting process.