Ramkrishna Forgings has announced the appointment of Chetan Rameshchandra Desai as a Non-Executive, Independent Director for a five-year term starting from 29 April 2026. This decision was made during the company’s board meeting held on 27 March 2026.
Mr. Desai, aged 75, brings with him extensive experience in corporate governance, regulatory compliance, corporate laws, accounting, and auditing. He is a Chartered Accountant who has spent nearly 50 years in the field, including a significant tenure at M/s. Haribhakti & Co. LLP (HCO), a prominent accounting and strategic consulting firm in India. During his 39 years at HCO, Mr. Desai headed the audit and assurance practice and provided expert opinions on corporate laws and accounting standards.
Following his retirement from HCO in 2018 as its Managing Partner, Mr. Desai has served as an Independent Director on the boards of various companies. His professional career has seen him engage with multinationals, public sector enterprises, and large corporates across multiple sectors.
The board also approved a Postal Ballot Notice to seek shareholder approval for Mr. Desai’s appointment. It was confirmed that Mr. Desai is not debarred from holding office by any order from the Securities and Exchange Board of India (SEBI) or any other authority.
The board meeting commenced at 11:30 A.M. and concluded at 1:45 P.M. The details of the appointment and related information have been made available on the company’s website.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).