Ramkrishna Forgings Limited has informed the Exchange regarding Notice of Postal Ballot alongwith explanatory statement seeking approval of the Members, by way of a Special Resolution, for the appointment of Mr. Chetan Rameshchandra Desai (DIN 03595319) as a Non-Executive Independent Director of the Company.
RKFORGE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ramkrishna Forgings has issued a Postal Ballot Notice seeking shareholder approval to appoint Mr. Chetan Rameshchandra Desai (DIN 03595319) as a Non-Executive Independent Director for a 5-year term effective April 29, 2026. Mr. Desai, aged 75, is a Chartered Accountant with about 50 years of experience in corporate governance, audit, and corporate laws, and was formerly the Managing Partner of Haribhakti & Co. LLP. The appointment requires a Special Resolution because he is above 75 years, as per SEBI's listing rules. Remote e-voting will run from March 29, 2026 to April 27, 2026, with results to be declared by April 29, 2026. Mr. Desai currently serves on the boards of Sula Vineyards, Krsnaa Diagnostics, Delta Corp, and Crystal Crop Protection, among others.
This is a routine board-level appointment and is unlikely to materially affect the stock price. Shareholders are being asked to vote on adding a senior professional with strong audit and governance expertise to the board, which is generally viewed positively from a governance standpoint.