RAMKRISHNA FORGINGS LTD. - 532527 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
This disclosure is in continuation of our disclosure dated 16th August, 2019, we wish to inform that as per the order dated 22nd December, 2023 of NCLT approving the resolution plan for acquisition of ACIL Limited (ACIL) by Ramkrishna Forgings Limited, the Monitoring Committee of ACIL has approved issuance and allotment of shares of ACIL to Ramkrishna Aeronautics Private Limited (RAPL) such that RAPL acquires ACIL. RAPL is a wholly owned subsidiary of the Company.19-02-2024