Ramkrishna Forgings Limited has announced the re-appointment of Mr. Naresh Jalan as its Managing Director. Following the recommendation of the Nomination and Remuneration Committee, the board has approved his leadership for a new 3-year term, effective from 5 November, 2026. This decision remains subject to final approval by shareholders at the upcoming 44th Annual General Meeting, ensuring continued strategic continuity for the forging industry leader.
Leadership Continuity
The Board of Directors has officially confirmed the re-appointment of Mr. Naresh Jalan as the Managing Director of Ramkrishna Forgings Limited. This tenure will span three years, commencing on 5 November, 2026. The appointment underscores the company’s commitment to maintaining stable leadership as it continues to execute its long-term growth strategy.
Strategic Impact and Industry Standing
Under Mr. Jalan’s guidance, the company has established itself as a global leader in the forging industry and currently ranks as the second-largest forging player in India by revenue. His tenure has been marked by significant strategic expansion, including the adoption of advanced technologies such as Hot forging, precision Machining, and specialized Heat Treatment Facilities.
Growth and Future Outlook
Mr. Jalan has been instrumental in diversifying the company’s portfolio into Warm & Cold forgings and Castings. His focus on Greenfield projects and strategic acquisitions has consistently driven improvements in both turnover and profitability. The company remains a preferred partner for leading OEMs and Tier-1 suppliers across vital global sectors, including Automotive, Power, Earth Moving, Mining, and Oil & Gas.
Corporate Governance
The company also disclosed that Mr. Naresh Jalan maintains familial ties within the leadership team, with his father, Mr. Mahabir Prasad Jalan, serving as a Non-Executive Non-Independent Director, and his son, Mr. Chaitanya Jalan, serving as a Whole-time Director.
Source: BSE
