StockWatch
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Castings & Forgings
Board Meeting30 Oct 2026, 04:28 pm

Ramkrishna Forgings declares interim dividend of ₹2/share

AI Summary

Ramkrishna Forgings Limited announced the outcome of its Board Meeting held on October 30, 2026. The board approved the un-audited financial results for the Quarter and Half Year ended September 30, 2026, along with the limited review reports. Additionally, the company declared its 1st Interim Dividend of ₹2 per equity share for the Financial Year 2026-27, with a record date set for November 6, 2026. The board also approved the appointment of two Non-Executive Independent Directors, an alteration in the object clause of the Memorandum of Association, and amendments to the RKF Limited Employee Stock Option Scheme 2023. An increase in investment limit by ₹56.76 Crores in its joint venture, Ramkrishna Titagarh Rail Wheels Limited, was also approved.

Key Highlights

  • Board approved un-audited financial results for Q2 FY27 and H1 FY27.
  • Declared 1st Interim Dividend of ₹2 per equity share for FY27.
  • Record date for dividend payment fixed as November 6, 2026.
  • Appointed two Non-Executive Independent Directors.
  • Increased investment limit in JV by ₹56.76 Crores.