Ramkrishna Forgings Ltd: Key Updates and Financial Highlights
Ramkrishna Forgings Limited, a prominent player in the Metals & Mining sector, has announced several significant updates on August 1, 2025. The company, listed on the National Stock Exchange of India, is primarily engaged in manufacturing and selling forged components for automobiles, railway wagons, and engineering parts. With manufacturing facilities spread across Jharkhand and West Bengal, the company operates through two main segments: Forging components and Others, which include services like tours, travel, sanitization, and cargo business.
Rescheduling of 43rd Annual General Meeting
The company has rescheduled its 43rd Annual General Meeting (AGM) to Monday, August 25, 2025, at 12:00 PM. The meeting will be held at the registered office of the company located at Ce Asia Capital Limited, 203, Aziz Avenue, CTS-1381, Near Vallabhbhai Patel Road, Vile Parle (West), Mumbai.
Appointment of Monitoring Agency
Ramkrishna Forgings Limited has appointed India Ratings and Research Private Limited as the Monitoring Agency. This appointment is for the purpose of monitoring the utilization of proceeds from the preferential issue of 9,75,000 warrants.
Appointment of Internal Auditor
The company has also announced the appointment of an Internal Auditor, further strengthening its governance framework.
Re-appointment of Mr. Lalit Kumar Khetan
Mr. Lalit Kumar Khetan has been re-appointed as a Whole-time Director of the company, ensuring continuity in leadership.
Financial Results for Q1 2025
The company has released its financial results for the first quarter ended June 30, 2025. These results include both standalone and consolidated financial statements, providing a comprehensive view of the company’s financial performance.
Investor Presentation
An investor presentation was conducted to provide stakeholders with insights into the company’s performance and future outlook.
Appointment of Joint Statutory Auditors
M/s Singhi & Co, Chartered Accountants, have been appointed as Joint Statutory Auditors of the company, ensuring robust financial oversight.
Integrated Financials for Q1 2025
The integrated financials for the quarter ended June 30, 2025, have been filed, offering detailed insights into the company’s financial health.
Market Performance
As of July 30, 2025, Ramkrishna Forgings Limited’s close price was INR 582.55. The company’s 52-week high was INR 1064.05 on October 14, 2024, and the 52-week low was INR 553 on May 8, 2025. The market capitalization stands at INR 112,580,000,000, with a Price Earnings ratio of 21.589.
These updates reflect Ramkrishna Forgings Limited’s ongoing efforts to enhance its operational efficiency and governance, while maintaining transparency with its investors.