RKFORGENSERamkrishna Forgings Limited· Castings/ForgingsHighNeutral
Announced Fri, 1 May · 17:24 IST

Ramkrishna Forgings Limited has informed the Exchange that Record date for the purpose of 1st Interim Dividend is 08-May-2026.

RKFORGE · price

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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
Up moveDown movePending
AI summary

Ramkrishna Forgings Limited held its Board meeting on 1 May 2026 and approved several key items. The company declared a 1st Interim Dividend of Rs. 1 per equity share (face value Rs. 2) for FY 2025-26, with the record date fixed for 8 May 2026. The audited financial results for Q4 and FY ended 31 March 2026 received an Unmodified Opinion from the Joint Statutory Auditors (S. R. Batliboi & Co. LLP and S. K. Naredi & Co. LLP), indicating a clean audit. The company also allotted 1,64,413 equity shares to its Employee Welfare Trust under the ESOP Scheme 2023 at Rs. 556 per share. Two Independent Directors (Mr. Sandipan Chakravortty and Mr. Partha Sarathi Bhattacharyya) ceased from 20 May 2026 upon completion of their second term, leading to reconstitution of three board committees. Mr. Naresh Jalan was re-appointed as Managing Director for 3 years from 5 November 2026. The 44th AGM is scheduled for 29 August 2026.

Likely market impact

The declaration of an interim dividend signals the company's financial health and cash generation ability, which is positive for shareholders. The clean audit opinion with unmodified reports reinforces reliability of financial statements. Changes in board composition and management re-appointment provide continuity in leadership.