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Ramkrishna Forgings Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 19, 2008, has allotted the following:

1. 50000 warrants to M/s. Pushpman Consultants (P) Ltd.

2. 765000 warrants to M/s. Phi Advisors (P) Ltd.

3. 1648000 warrants to M/s. Basuki Portfolio (P) Ltd., Promoter group.

The Company has also accepted the resignation of Mr. S N Rajesh and appointed Mr. Subhasis Majumdar as a nominee Director of UTI Venture Funds Management Company Ltd.

Tags: Ramkrishna Forgings

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