Ramkrishna Forgings Limited has announced its financial results for the quarter and half-year ended September 30, 2026. The company’s Board of Directors approved the un-audited financial results, alongside declaring a 1st interim dividend of ₹2 per equity share. Key appointments of Non-Executive Independent Directors, Mr. Subir Chakraborty and Mr. Anurag Vohra, were also confirmed, subject to shareholder approval. Alterations to the Memorandum of Association and amendments to the Employee Stock Option Scheme were also discussed.
Financial Performance Highlights
The Board of Directors of Ramkrishna Forgings Limited convened on October 30, 2026, to consider and approve the unaudited financial results for the quarter and half-year ended September 30, 2026. The approved results include standalone and consolidated financial statements, along with accompanying limited review reports. Statements of Assets and Liabilities, and Cash Flow Statements for the same period were also duly considered and approved.
Dividend Declaration
In a significant move for its shareholders, the company declared its 1st interim dividend for the Financial Year 2026-27. The interim dividend has been set at ₹2/- (Rupees Two) per Equity Share of face value ₹2/- each. This dividend is expected to be paid within 30 days from the date of declaration, subject to applicable TDS.
The Record Date for the purpose of determining eligible shareholders for this interim dividend has been fixed as Friday, November 6, 2026.
Director Appointments and Corporate Governance
The Board also approved the appointment of two Non-Executive Independent Directors: Mr. Subir Chakraborty (DIN: 00130864) and Mr. Anurag Vohra (DIN: 10253815). These appointments are for a term of five consecutive years, effective from October 30, 2026, and are subject to shareholder approval. The appointment details and profiles are provided in Annexure A.
Further corporate actions discussed include the alteration of the object clause of the Memorandum of Association (MOA), as detailed in Annexure B, to diversify into new business activities. Amendments to the RKF Limited Employee Stock Option Scheme 2023 were also approved, extending its applicability to subsidiary employees.
Investment in Joint Venture
An additional investment of ₹56.76 Crores has been approved for Ramkrishna Titagarh Rail Wheels Limited, a joint venture company. This investment, to be made in one or more tranches via equity contribution, aims to bolster the joint venture’s operations in manufacturing forged wheels. Further details on this investment are outlined in Annexure C.
Policy Updates and Meeting Schedule
The Board approved amendments to several key company policies, including those on Anti-Bribery, document preservation, prevention of sexual harassment, material subsidiary determination, and Corporate Social Responsibility. The Board meeting commenced at 2:30 P.M. (IST) and concluded at 4:00 P.M. (IST) on October 30, 2026. The outcomes of this meeting are available on the company’s website.
Source: BSE
