Ramkrishna Forgings begins commercial production of Rs 249 crore horizontal casting line

Business Desk — Tue, 31 Mar 2026 12:58:18 +0000

Ramkrishna Forgings has commenced commercial production of its new horizontal casting line, DISA FLEX 80, with a production capacity of 28,800 metric tonnes per annum. The facility, located at Plant VIII in Jharkhand, began operations on 31 March 2026.

The investment for the new casting line amounts to ₹249 crore, financed through a combination of debt and internal accruals. This strategic expansion is aimed at enhancing the company’s capabilities in the automotive casting sector, allowing it to offer a comprehensive range of products to existing and new customers in the casting segment.

The new casting line is designed to meet high-quality standards and cater to specific customer requirements, marking a significant step in Ramkrishna Forgings‘ growth strategy. The company currently had no existing capacity in casting, making this addition a crucial development in its operational capabilities.

The details of this development have been disclosed under Regulation 30 of the SEBI LODR Regulations, 2015, and are available on the company’s website.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Ramkrishna Forgings approves vesting of 165,176 ESOPs under 2023 scheme

Yash Agarwal — Thu, 26 Mar 2026 13:16:51 +0000

Ramkrishna Forgings has announced the approval of vesting for 165,176 Employee Stock Options (ESOPs) under the ‘RKF Limited Employee Stock Option Scheme 2023’. The decision was made by the company’s Nomination and Remuneration Committee during a meeting held on March 26, 2026.

The approved vesting includes 164,413 ESOPs at an exercise price of ₹556 per option and 763 ESOPs at an exercise price of ₹687 per option. These options are part of a larger grant, which initially included 807,861 ESOPs granted on February 21, 2024, and an additional 3,051 ESOPs granted on January 16, 2025.

According to the details provided, the vested options must be exercised within a period of four years from the date of vesting. The scheme is in compliance with the SEBI (Share Based Employee Benefits) Regulations, 2021.

The announcement also clarified that the total number of shares covered by these options will not exceed the number of options granted. However, specific details regarding the options exercised, the money realised from the exercise of options, and the total number of shares arising from the exercise were not applicable at this stage.

Ramkrishna Forgings has made this information available on its official website for public access.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Rajesh Mundhra | Business Upturn

Ramkrishna Forgings begins commercial production of Rs 249 crore horizontal casting line

Ramkrishna Forgings approves vesting of 165,176 ESOPs under 2023 scheme