StockWatch
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Castings & Forgings
Dividend30 Oct 2026, 04:41 pm

Ramkrishna Forgings declares ₹2 interim dividend, sets Nov 6 record date

AI Summary

Ramkrishna Forgings Ltd announced its 1st interim dividend of ₹2 per equity share for FY 2026-27, with November 6, 2026, set as the record date. The company's Board of Directors also approved un-audited financial results for the quarter and half-year ended September 30, 2026. 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 amendments to the MOA, the RKF Limited Employee Stock Option Scheme 2023, and an increase in investment limit in a joint venture company, Ramkrishna Titagarh Rail Wheels Limited, by ₹56.76 Crores.

Key Highlights

  • Declared 1st interim dividend of ₹2 per equity share for FY 2026-27.
  • Record date for dividend payment fixed as November 6, 2026.
  • Approved un-audited financial results for Q2 and H1 FY27.
  • Appointed two new Non-Executive Independent Directors.
  • Increased investment in joint venture by ₹56.76 Crores.