Ramkrishna Forgings declares interim dividend and increases share capital

Arunika Jain — Fri, 01 May 2026 11:49:21 +0000

Ramkrishna Forgings has declared a first interim dividend of Re. 1 per equity share for the financial year 2025-26. The dividend will be paid within 30 days from the date of declaration, subject to TDS, with a record date set for 8 May 2026.

In addition to the dividend announcement, the company has approved the issue and allotment of 1,64,413 equity shares to the Ramkrishna Forgings Limited Employee Welfare Trust under the RKF Limited Employee Stock Option Scheme 2023. These shares, issued at a grant price of ₹556 per share, include a premium of ₹554 per share. As a result, the company’s paid-up equity share capital has increased from 18,16,70,604 shares to 18,18,35,017 shares.

The board also appointed Bijay Kumar & Co. as the cost auditor for the financial year 2026-27, pending shareholder ratification at the upcoming 44th Annual General Meeting (AGM), scheduled for 29 August 2026.

Furthermore, the company announced the cessation of Mr. Sandipan Chakravortty and Mr. Partha Sarathi Bhattacharyya as independent directors, effective 20 May 2026, following the completion of their second term. Consequently, the board committees have been reconstituted, with Mr. Chetan Desai now chairing the Audit Committee.

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

Sandipan Chakravortty | Business Upturn

Ramkrishna Forgings declares interim dividend and increases share capital