RKFORGENSERamkrishna Forgings Limited· Castings/ForgingsHighPositive
Announced Fri, 1 May · 17:19 IST

Ramkrishna Forgings Limited has informed the Exchange regarding 'Declared 1st Interim Dividend of Re. 1/- per equity share for the financial year 2025-26'.

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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 Limited has declared its 1st Interim Dividend of Rs. 1 per equity share (face value Rs. 2) for FY 2025-26. The record date for eligible shareholders is fixed as 8 May 2026, and dividend will be paid within 30 days of declaration. The Board also approved audited standalone and consolidated financial results for Q4 and FY ended 31 March 2026 with an unmodified opinion from auditors. Additionally, the company allotted 1,64,413 equity shares to its Employee Welfare Trust at Rs. 556 per share under the ESOP Scheme 2023. Two independent directors, Mr. Sandipan Chakravortty and Mr. Partha Sarathi Bhattacharyya, ceased from 20 May 2026 upon completion of their second term, and various board committees were reconstituted. The 44th AGM is scheduled for 29 August 2026.

Likely market impact

The dividend declaration signals regular shareholder returns but the amount of Re. 1 per share is modest and typically represents a small yield, reflecting routine interim reward. The cessation of two independent directors and committee reconstitution introduces some board-level change that investors should monitor.