SMALLCAP World Fund, Inc. Reduces Stake in Ramkrishna Forgings Ltd
SMALLCAP World Fund, Inc. has reduced its ownership stake in Ramkrishna Forgings Ltd. following a transaction executed on July 15, 2026. The entity sold a significant portion of its shareholding through the open market.Prior to this transaction, SMALLCAP World Fund, Inc. held 12,698,933 shares carrying voting rights in Ramkrishna Forgings Ltd., representing a 7.0226% stake in the company’s total share and diluted voting capital.
The fund sold a total of 4,562,568 shares, which accounted for a 2.5440% reduction in its holding. Following this sale, the investor's position in the company stands at 8,136,365 shares. This represents an ownership stake of 4.4786% in the total diluted voting capital of Ramkrishna Forgings Ltd.
The transaction took place against a backdrop of shifting equity capital for the company. The total equity share capital and voting capital were reported at 180,828,639 prior to the sale, and moved to 181,670,604 following the acquisition details processed on July 15, 2026.
The following table summarizes the change in shareholding for SMALLCAP World Fund, Inc.:
| Description | Before Transaction | Quantity Held | Percentage (%) | After Transaction | Quantity Held | Percentage (%) |
|---|---|---|---|---|---|---|
| Shares carrying voting rights | 12,698,933 | 7.0226% | 4.4786% | 8,136,365 | 4.4786% | |
| Total Change | - | - | - | -4,562,568 | -2.5440% | - |
The transaction was executed via the open market and is associated with a total diluted share capital of 181,670,604 for Ramkrishna Forgings Ltd.
RKFORGE Stock Price Movement
As of 11:22 AM, shares of Ramkrishna Forgings Limited are slipping by 1.48% in live trading, currently at ₹581.00. The stock is seeing active turnover with a volume of 1.00 million shares as it navigates intraday volatility.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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