Completion of tenure of Independent Directors
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Ramkrishna Forgings Limited announced that two Independent Directors — Mr. Sandipan Chakravortty (DIN: 00053550) and Mr. Partha Sarathi Bhattacharyya (DIN: 00329479) — have completed their tenures effective from the close of business hours on 20 May 2026. Both directors served two consecutive five-year terms as Independent Directors, and their directorships on the Board cease from 21 May 2026. The company disclosed this under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Two independent directors stepping down simultaneously after completing full tenures is routine, but the simultaneous departure of both IDs may reduce board independence and could prompt the company to appoint new independent directors, which investors should monitor.