Ramkrishna Forgings Limited has announced a robust set of financial results for the quarter and financial year ended March 31, 2026. The Board of Directors declared an interim dividend of Re. 1 per equity share and confirmed key strategic moves, including the re-appointment of the Managing Director, the appointment of a new Cost Auditor, and a successful equity allotment under the Employee Stock Option Scheme.
Financial Performance and Shareholder Returns
The company has concluded the financial year 2025-26 with positive results. Shareholders are set to benefit from an interim dividend of Re. 1 per equity share (face value of Rs. 2). The company has fixed May 8, 2026, as the record date for determining the eligibility of shareholders for this payout.
Strategic Allotments and Leadership Updates
In a move to incentivize performance, the Board approved the allotment of 1,64,413 equity shares to the Employee Welfare Trust at a grant price of Rs. 556 per share. This allotment increases the company’s paid-up equity share capital to 18,18,35,017 shares. Furthermore, the Board has re-appointed Mr. Naresh Jalan as the Managing Director for a 3-year term effective November 5, 2026, citing his significant contributions to the firm’s global leadership in the forging industry.
Governance and Operational Changes
The company is transitioning its leadership and oversight structures. With the conclusion of their second term, Mr. Sandipan Chakravortty and Mr. Partha Sarathi Bhattacharyya will cease to be Independent Directors, effective May 20, 2026. Concurrently, the Board has reconstituted its key committees, including the Audit Committee and Nomination and Remuneration Committee. Additionally, Bijay Kumar & Co. has been appointed as the Cost Auditor for the 2026-27 financial year.
Annual General Meeting
The 44th Annual General Meeting of the company is scheduled for Saturday, August 29, 2026, at 11:30 AM via video conferencing. The Register of Members and Share Transfer Books will remain closed from August 23 to August 29, 2026, to facilitate the meeting.
Source: BSE
