Ramkrishna Forgings Limited has informed the Exchange regarding Appointment of Mr. Chetan Rameshchandra Desai (DIN: 03595319) as Non- Executive Independent Director of the company for a term of 5 consecutive years w.e.f. April 29, 2026.
RKFORGE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ramkrishna Forgings Limited has announced the appointment of Mr. Chetan Rameshchandra Desai (DIN: 03595319), aged 75 years, as a Non-Executive Independent Director for a term of 5 consecutive years starting April 29, 2026. The appointment was approved by shareholders through a postal ballot on April 27, 2026, following recommendations from the Nomination and Remuneration Committee and the Board of Directors. Mr. Desai is a Chartered Accountant with approximately 50 years of experience in corporate governance, regulatory compliance, and auditing. He previously served as Managing Partner at M/s. Haribhakti & Co. LLP, a leading accounting firm in India, retiring in 2018. He is not related to any existing directors and holds no shares in the company.
This is a routine board appointment that strengthens the company's independent oversight. The appointment of an experienced chartered accountant with deep expertise in corporate governance and compliance is generally viewed positively by investors as it enhances board quality and governance standards.