Ramkrishna Forgings Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026, alongside a series of key decisions aimed at strengthening shareholder value and corporate governance. The Board of Directors approved a first interim dividend, equity allotment under its employee benefit framework, and important leadership updates.
The company reported its audited standalone and consolidated financial performance for FY2026, reflecting its operational progress over the past year. As part of its commitment to rewarding shareholders, the Board declared a first interim dividend of ₹1.00 per equity share, each having a face value of ₹2.00. The record date to determine shareholder eligibility for the dividend has been set as Friday, May 8, 2026.
In line with its Employee Stock Option Scheme 2023, the Board approved the issuance and allotment of 164,413 new equity shares to the company’s Employee Welfare Trust. These shares were issued at a grant price of ₹556.00 per share. Following this allotment, the total paid-up equity share capital increased from 18,16,70,604 shares to 18,18,35,017 shares, supporting long-term employee participation and strengthening the company’s capital base.
The company also announced changes to its Board composition. Independent Directors Sandipan Chakravortty and Partha Sarathi Bhattacharyya will complete their second terms and step down from their positions effective May 20, 2026. In line with these changes, the Board has reconstituted key committees, including the Audit Committee, Nomination and Remuneration Committee, and Capital Market Committee, effective May 21, 2026.
Further, Naresh Jalan has been re-appointed as Managing Director for a period of three years, effective November 5, 2026, subject to shareholder approval. This move ensures continuity in leadership and strategic direction.
Ramkrishna Forgings Limited is a leading global supplier of rolled, forged, and machined products serving automotive, railways, mining, agriculture, oil & gas, and general engineering industries. The company operates multiple state-of-the-art manufacturing facilities in India and supplies to leading OEMs across international markets.
