Ramkrishna Forgings Limited has informed the Exchange regarding Notice of undefined to be held on September 20, 2025
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Ramkrishna Forgings has issued the notice for its 43rd Annual General Meeting to be held on Saturday, 20 September 2025 at 11:30 AM via video conferencing. The notice was sent electronically to shareholders on 27 August 2025, with remote e-voting open from 17 September to 19 September 2025 (cut-off date 12 September 2025). Ordinary business includes adoption of FY25 audited financial statements and re-appointment of two directors (Mr. Naresh Jalan and Mr. Lalit Kumar Khetan) who retire by rotation. Special business includes ratification of cost auditor remuneration of ₹4.4 lakh for Bijay Kumar & Co., appointment of MKB & Associates as Secretarial Auditor for 5 years (FY 2025-26 to FY 2029-30), and re-appointment of Mr. Lalit Kumar Khetan as Whole-time Director for 3 years from 20 October 2025. A key item is a special resolution seeking shareholder approval to waive recovery of ₹693 lakhs in excess remuneration paid to directors for FY 2024-25, with the largest share going to Mr. Khetan (₹371.48 lakhs) and Mr. Jalan (₹131.52 lakhs).
The ₹693 lakh excess remuneration waiver is a material item that dissenting shareholders may want to evaluate before voting. The director re-appointments, auditor ratification, and re-appointment of Mr. Khetan as Whole-time Director are largely governance-routine and unlikely to move the stock, but the remuneration waiver may attract governance-focused investor attention.