Ramkrishna Forgings Limited has allotted 16,000 equity shares to an employee under its Employee Stock Option Plan (ESOP) 2015. The allotment was made to Mr. Sakti Prasad Senapati on May 8, 2026, pursuant to the exercise of options as per the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Details of the Allotment

The transfer of shares will be executed from the Ramkrishna Forgings Limited Employee Welfare Trust to the designated employee. The shares carry a face value of Rs. 2/- per share, with an exercise price of Rs. 80/- per equity share, which includes a premium of Rs. 78/- per equity share. The following table summarises the allotment details:

Scheme and Regulatory Compliance

The issuance follows the Ramkrishna Forgings Limited – Employee Stock Option Plan 2015. The company filed the necessary statement with the National Stock Exchange of India Limited and BSE Limited on December 1, 2015. The key issuance parameters under Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 are outlined below:

The shares issued are identical in all respects to the existing shares and rank pari passu with them. No shares were allotted in physical form.

Company Information

Ramkrishna Forgings Limited is listed on both the National Stock Exchange of India Limited and BSE Limited. The registered and corporate office is located at 23 Circus Avenue, Kolkata 700017, West Bengal, India. The company's CIN number is L74210WB1981PLC034281.

Ramkrishna Forgings Limited announced the outcomes of its Board meeting held on May 1, 2026, where directors approved audited financial results for FY26, declared an interim dividend, and made several key corporate governance decisions under Regulations 30 and 33 of SEBI LODR Regulations. The company subsequently submitted details under Regulation 47 regarding newspaper publication of the audited financial results.

FY26 Financial Results Approval

The Board approved audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, including Statement of Assets and Liabilities and Cash Flow Statement. Joint Statutory Auditors S. R. Batliboi & Co. LLP and S. K. Naredi & Co. LLP issued an Unmodified Opinion Report on the audited results. The company reported consolidated revenue of ₹4,23,807.73 lakhs for FY26, representing a 5.05% increase from ₹4,03,410.68 lakhs in FY25, while Q4 FY26 consolidated revenue reached ₹1,21,677.54 lakhs, marking 28.44% year-on-year growth.

Dividend Declaration and ESOP Allotment

The Board declared a first interim dividend of Re 1 per equity share of face value ₹2 each for FY 2025-26, with the record date fixed as May 8, 2026. The dividend will be paid within 30 days from declaration date and is subject to TDS. Additionally, the Board approved issue and allotment of 1,64,413 equity shares under the Employee Stock Option Scheme 2023 at ₹556 per share to the Ramkrishna Forgings Limited Employee Welfare Trust, increasing paid-up equity share capital from 18,16,70,604 shares to 18,18,35,017 shares.

Newspaper Publication Under Regulation 47

In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted confirmation that the Extract of Statement of the Audited Financial Results for the quarter and year ended March 31, 2026 was published in Financial Express (English, All Edition) and Aajkal (Bengali) newspaper on May 3, 2026. The publication was submitted to both BSE Limited and National Stock Exchange of India Limited for record purposes. The complete financial results are available on the company's website at www.ramkrishnaforgings.com .

Leadership Changes and Governance Updates

Significant governance changes were announced with Mr. Sandipan Chakravortty and Mr. Partha Sarathi Bhattacharyya ceasing as Independent Directors effective May 20, 2026, upon completion of their second term. The Board approved re-appointment of Mr. Naresh Jalan as Managing Director for three years starting November 5, 2026, subject to shareholder approval. Mr. Jalan brings over 27 years of forging industry experience and has led the company to become the second largest forging player in India by revenue.

AGM and Other Appointments

The 44th Annual General Meeting is scheduled for August 29, 2026, at 11:30 AM through video conferencing, with book closure from August 23-29, 2026. The Board appointed Bijay Kumar & Co. as Cost Auditor for FY 2026-27, subject to shareholder ratification. The firm brings 9 years of experience including 6 years in cost audit practice, with expertise in product costing, pricing, MIS, variance analysis, and ERP systems.