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Ramkrishna Forgings to raise funds up to Rs 200 crore through QIP

Ramkrishna Forgings is planning to raise funds through QIP for an amount not exceeding Rs 200 crore. In this regards, the company is seeking approval of the shareholders through postal ballot, which includes voting by electronic means. The company is also looking to increase its authorised capital from Rs 29.75 crore to Rs 33.25 crore.

Ramkrishna Forgings is engaged in the manufacturing of forgings. The company is operating in Forgings, and Tours & Travels segments.

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