StockWatch
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Castings & Forgings
Dividend30 Oct 2026, 04:43 pm

Ramkrishna Forgings declares ₹2 interim dividend

AI Summary

Ramkrishna Forgings Ltd announced its first interim dividend of ₹2 per equity share for FY 2026-27. The record date for this dividend payment is set for Friday, November 6, 2026. The company's Board of Directors also approved un-audited financial results for the quarter and half-year ended September 30, 2026, along with limited review reports. Additionally, the board approved the appointment of two Non-Executive Independent Directors, Mr. Subir Chakraborty and Mr. Anurag Vohra, subject to shareholder approval. Other key decisions included alterations to the Memorandum of Association, amendments to the ESOP scheme, approval of a postal ballot notice, and an increase in investment limit for a joint venture company.

Key Highlights

  • First interim dividend of ₹2 per equity share declared for FY 2026-27.
  • Record date for dividend payment fixed as November 6, 2026.
  • Board approved un-audited financial results for Q2 & H1 FY27.
  • Two new Non-Executive Independent Directors appointed.
  • Increased investment in joint venture company approved.