Ramkrishna Forgings Limited has informed the Exchange about Fixed date of 44th Annual General Meeting of the Company and Book Closure of Register of Members
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Ramkrishna Forgings Limited's Board approved multiple items on 1st May 2026. The company declared a 1st interim dividend of Re. 1 per equity share (face value Rs. 2) for FY 2025-26, payable within 30 days, with record date fixed as 8th May 2026. The Board also approved allotment of 1,64,413 equity shares at Rs. 556 per share to the Employee Welfare Trust under the ESOP Scheme 2023, increasing paid-up capital from 18,16,70,604 to 18,18,35,017 shares. Two Independent Directors - Mr. Sandipan Chakravortty and Mr. Partha Sarathi Bhattacharyya - will cease from 20th May 2026 upon completion of their second term, leading to reconstitution of Audit, NRC, and Capital Market Committees. Mr. Naresh Jalan was re-appointed as Managing Director for 3 years from 5th November 2026, subject to shareholder approval. The auditors issued an unmodified (clean) opinion on the FY 2026 financial results. The 44th AGM is scheduled for 29th August 2026.
The clean audit opinion and dividend declaration are positive signals for shareholders. The related party transaction policy revision and management continuity with Mr. Naresh Jalan's re-appointment provide governance stability, though dilution from ESOP shares has a minor impact.