Ramkrishna Forgings Limited’s Board of Directors met on October 30, 2026, to approve the un-audited financial results for the Quarter and Half Year ended September 30, 2026. The board also declared a 1st Interim Dividend of ₹2 per equity share for the Financial Year 2026-27, with a record date set for November 6, 2026. Several other significant corporate actions were also approved, including director appointments and amendments to company policies.
Financial Results and Dividend Declaration
Ramkrishna Forgings Limited announced that its Board of Directors, in a meeting held on Friday, October 30, 2026, has considered and approved the un-audited financial results for the Quarter and Half Year ended September 30, 2026. Along with the financial statements, the Limited Review Reports from the company’s Joint Statutory Auditors were also approved. The Board also approved the un-audited Statement of Assets and Liabilities and the un-audited Cash Flow Statement for the same period.
Interim Dividend Announced
A significant declaration from the board meeting was the approval of the 1st Interim Dividend for the Financial Year 2026-27. The dividend has been set at ₹2/- (Rupees Two) per Equity Share, with each share having a face value of ₹2/- (Rupees Two). This dividend is payable within 30 days from the date of declaration, subject to Tax Deducted at Source (TDS).
Record Date for Dividend
For the purpose of determining the eligible shareholders for the 1st Interim Dividend for the Financial Year 2026-27, the company has fixed Friday, November 6, 2026, as the Record Date.
Director Appointments
The Board also approved the appointment of Mr. Subir Chakraborty (DIN: 00130864) and Mr. Anurag Vohra (DIN: 10253815) as Non-Executive Independent Directors. Their appointments are for a term of 5 consecutive years, effective from October 30, 2026, subject to shareholder approval.
Alteration in Memorandum of Association
An alteration in the object clause of the Memorandum of Association (MOA) was also approved, subject to shareholder consent. This alteration aims to enable the company to diversify into new business activities, including designing, developing, and manufacturing products for semiconductors, aerospace applications, and drones.
Employee Stock Option Scheme Amendment
An amendment to the RKF Limited Employee Stock Option Scheme 2023 was approved, which includes extending the scheme’s applicability to the employees of the company’s subsidiaries. This amendment also requires shareholder approval.
Investment in Joint Venture
The company approved an increase in its investment limit by ₹56.76 Crores in Ramkrishna Titagarh Rail Wheels Limited, a joint venture company. This investment will be made via equity contribution in one or more tranches.
Policy Amendments
Amendments to several company policies were also approved by the Board, including the Policy on Anti-Bribery and Anti-Corruption, Policy on Preservation & Archival of Documents, Policy on Prevention of Sexual Harassment, Policy for Determining Material Subsidiary, and Corporate Social Responsibility Policy.
The Board Meeting commenced at 2:30 P.M. (IST) and concluded at 4:00 P.M. (IST). The intimation of these decisions is also available on the company’s website.
Source: BSE
