
Ramkrishna Forgings Approves Dividend, Director Appointments, MOA Alteration
Ramkrishna Forgings Ltd announced key decisions from its Board Meeting held on October 30, 2026. The company declared a 1st interim dividend of ₹2 per equity share for FY2026-27, with November 6, 2026, set as the record date. The Board also approved the appointment of Mr. Subir Chakraborty and Mr. Anurag Vohra as Non-Executive Independent Directors for a term of five years, subject to shareholder approval. Additionally, the company approved an alteration in the object clause of its Memorandum of Association and an increase in investment limit by ₹56.76 Crores in its joint venture, Ramkrishna Titagarh Rail Wheels Limited. Amendments to the RKF Limited Employee Stock Option Scheme 2023 and various company policies were also approved.
Key Highlights
- Declared 1st interim dividend of ₹2 per share for FY2026-27.
- Appointed two new Non-Executive Independent Directors.
- Approved alteration in Memorandum of Association (MOA).
- Increased investment limit in joint venture by ₹56.76 Crores.
- Approved amendments to ESOP Scheme and company policies.
Price Impact
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