Ramkrishna Forgings to Hold Board Meeting for Q4 Results and Fund Raising
Ramkrishna Forgings Limited has scheduled a board meeting for May 30 to consider Q4 results and discuss potential fund-raising plans through share or bond issuance. The meeting outcomes could significantly impact the company's stock performance and investor sentiment, providing insights into its financial health and future growth strategies.
Ramkrishna Forgings Boosts Annual Capacity by 14,250 MT with Rs 40.85 Crore Investment
Ramkrishna Forgings Limited has expanded its production capacity by initiating commercial production of two new upsetters on March 27, 2025. The expansion, costing Rs 40.85 crore, increases annual capacity by 14,250 Metric Tonnes. The company's total production capacity now stands at 243,400 MT for Hot & Warm Forgings and 25,000 MT for Cold Forgings. This expansion, financed through equity and debt, aims to meet growing customer demand, following a high capacity utilization of 87.22% as of December 31, 2024.