Ramkrishna Forgings Limited has released its audited financial results for the quarter and year ended March 31, 2026. Along with the financial update, the Board of Directors approved an interim dividend of Re. 1 per equity share. The company also announced strategic board changes, the appointment of a new cost auditor, and the re-appointment of its Managing Director, signaling strong governance and continuity as the company prepares for its 44th Annual General Meeting.
Financial and Dividend Highlights
The company has reported its audited financial results for the quarter and financial year ended March 31, 2026. Shareholders are set to receive an interim dividend of Re. 1 per equity share (face value of Rs. 2). The record date for determining the eligibility of shareholders for this dividend payment is May 8, 2026.
Strategic Allotments and Corporate Governance
In a move to support employee stock incentives, the board approved the allotment of 1,64,413 equity shares to the Ramkrishna Forgings Limited Employee Welfare Trust at a grant price of Rs. 556 per share. Additionally, the board has appointed Bijay Kumar & Co. as the Cost Auditor for the 2026-27 financial year, pending formal ratification by shareholders.
Leadership and Board Transitions
The company announced the re-appointment of Mr. Naresh Jalan as the Managing Director for a term of 3 years, effective November 5, 2026. Concurrent with this, the company will see the departure of two Independent Directors, Mr. Sandipan Chakravortty and Mr. Partha Sarathi Bhattacharyya, upon the completion of their second terms on May 20, 2026. In response, the Board has reconstituted its audit and remuneration committees to ensure continued operational oversight.
Annual General Meeting
The 44th Annual General Meeting is scheduled to take place on Saturday, August 29, 2026, at 11:30 A.M., to be conducted through Video Conferencing or other audio-visual means. The Register of Members and Share Transfer Books will remain closed from August 23, 2026, to August 29, 2026, to facilitate the meeting proceedings.
Source: BSE
