Ramkrishna Forgings Limited has provided clarifications and updated information regarding its proposed preferential issue of up to 34,00,000 warrants, convertible into equity shares, to the promoter of the company. This follows an earlier submission of the Notice of Extraordinary General Meeting (EGM) scheduled for December 12, 2025. The company has submitted revised Point 15 of the EGM Notice, detailing the shareholding pattern before and after the preferential issue, and a revised first table in Point 6 of the EGM Notice, outlining the utilization of issue proceeds. The total estimated amount to be utilized for debt repayment is ₹149.94 crore and for general corporate purposes is ₹49.98 crore, totaling ₹199.92 crore. These funds are to be utilized within a maximum period of 24 months from the receipt of funds. Key changes in the shareholding pattern include an increase in Chaitanya Jalan's stake from 1.68% to 3.48% and Riddhi Portfolio Private Limited's stake from 33.45% to 33.19% post-issue. Ramkrishna Rail Infrastructure Private Limited (RRIPL), previously classified under the Promoter Group, is proposed to be reclassified to the 'Public Category' shareholder, subject to necessary approvals.