RKFORGEBSERamkrishna Forgings LtdHighNeutral
Announced Fri, 1 May · 17:22 IST

Fixed Friday, 8 May, 2026 as the Record date for purpose of payment of 1st Interim Dividend for the financial year 2025-26.

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+3.1%1-day move
₹597.25
prior close
₹607.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.0-2.9-3.1-0.8+3.1+3.8+4.3+1.7+3.7-2.6-4.2-6.3-3.7
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AI summary

Ramkrishna Forgings Ltd's Board approved FY2026 audited financial results with an unmodified opinion from joint auditors S.R. Batliboi & Co. LLP and S.K. Naredi & Co. LLP. The company declared a 1st interim dividend of Re. 1 per equity share (face value Rs. 2) for FY2025-26, with record date 8 May 2026. Additionally, 1,64,413 equity shares were allotted to the RKFL ESOP Trust at Rs. 556 per share (total Rs. 9.14 crore). Two Independent Directors — Mr. Sandipan Chakravortty and Mr. Partha Sarathi Bhattacharyya — ceased their roles on 20 May 2026 upon completion of their second term. Board committees were reconstituted effective 21 May 2026. Mr. Naresh Jalan was reappointed as Managing Director for 3 years from 5 November 2026, subject to shareholder approval at the 44th AGM scheduled for 29 August 2026.

Likely market impact

The company continues its dividend payout trajectory, signalling stable cash generation. Unmodified audit opinion confirms clean financials. Two independent directors stepping down narrows board independence, though the company has reappointed its key Managing Director. ESOP issuance aligns employee interests with performance.