Ramkrishna Forgings Limited has announced its audited 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 for the 2025-26 financial year. Additionally, the company approved the allotment of 1,64,413 equity shares to its employee welfare trust, appointed a new cost auditor for FY 2026-27, and confirmed the re-appointment of its Managing Director.
Financial Performance and Shareholder Returns
The company has successfully concluded its financial year ending March 31, 2026, with the Board approving the audited standalone and consolidated financial results. Reflecting strong operational performance, the Board has declared a 1st interim dividend of Re. 1 per equity share (on a face value of Rs. 2). The record date for determining eligible shareholders for this payout is May 8, 2026.
Strategic Allotment and Corporate Governance
To support its long-term incentive programs, the company approved the issuance and allotment of 1,64,413 equity shares to the Ramkrishna Forgings Limited Employee Welfare Trust. These shares, issued at Rs. 556 per share, are designated for the 2023 Employee Stock Option Scheme, further aligning employee interests with company growth.
In terms of governance, the company has appointed Bijay Kumar & Co. as the Cost Auditor for the 2026-27 financial year, pending formal ratification at the upcoming 44th Annual General Meeting scheduled for August 29, 2026.
Leadership Transition
The company announced key changes to its Board composition. Independent Directors Mr. Sandipan Chakravortty and Mr. Partha Sarathi Bhattacharyya will step down effective May 20, 2026, upon the completion of their second terms. Consequently, the company has reconstituted its Audit, Nomination and Remuneration, and Capital Market committees, effective May 21, 2026.
Looking ahead, the Board has re-appointed Mr. Naresh Jalan as the Managing Director of the company for a further term of three years, commencing November 5, 2026, subject to shareholder approval.
Source: BSE
