RKFORGENSERamkrishna Forgings Limited· Castings/ForgingsMediumNeutral
Announced Wed, 20 May · 18:52 IST

Ramkrishna Forgings Limited has informed the Exchange regarding Change in Director(s) of the company.

Multiple Ind Directors ResignedManagement Changes View source PDF

RKFORGE · price

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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
-1.2%1-day move
₹559.90
prior close
₹556.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.8+1.9+1.7+2.3-1.2+2.2+2.2+1.4+0.9+1.6+5.8+5.4+3.2
Up moveDown movePending
AI summary

Two Independent Directors of Ramkrishna Forgings Limited — Mr. Sandipan Chakravortty (DIN: 00053550) and Mr. Partha Sarathi Bhattacharyya (DIN: 00329479) — have ceased their directorships effective May 21, 2026. Their tenures, consisting of 2 consecutive terms of 5 years each (10 years total), expired on May 20, 2026. This is a routine, pre-planned expiry rather than a resignation, removal, or death. The company filed the disclosure under SEBI Regulation 30 with relevant annexures. Both directors had no relationships to disclose and no brief profiles were provided for the cessation filings.

Likely market impact

The simultaneous departure of two independent directors reduces board independence and may raise governance concerns if replacements are not promptly appointed. Shareholders should monitor for new independent director appointments.