Ramkrishna Forgings Limited has announced the appointment of Mr. Chetan Rameshchandra Desai as a Non-Executive Independent Director. His five-year term is effective from April 29, 2026, through April 28, 2031. The appointment was confirmed following a postal ballot process, with shareholders supporting the recommendation from the company’s Nomination and Remuneration Committee.
Strategic Board Appointment
Following a recent decision through a postal ballot concluded on April 27, 2026, Ramkrishna Forgings Limited has formally inducted Mr. Chetan Rameshchandra Desai onto its Board of Directors. Serving in a non-executive, independent capacity, Mr. Desai brings a wealth of professional experience to the organization. His appointment is for a consecutive five-year term, and his position is not liable to retire by rotation.
Professional Background
Mr. Chetan Desai is a seasoned Chartered Accountant with a distinguished career spanning 50 years. His professional journey includes over 39 years of association with the leading accounting and consulting firm M/s. Haribhakti & Co. LLP, where he previously served as Managing Partner before retiring in 2018. Throughout his career, he has specialized in corporate governance, auditing, and providing expert advisory on corporate laws and accounting standards to major multinationals and public sector enterprises.
Independent Oversight
The company has confirmed that Mr. Desai maintains no familial relationships with any existing members of the Board and currently holds nil shareholding in the company. This leadership addition is expected to further strengthen the company’s governance framework as it continues to expand its footprint across various industrial sectors.
Source: BSE
