Ramkrishna Forgings Limited — Important, 24-10-2024: General Updates

Ramkrishna Forgings Limited's Board has approved an investment of Rs. 12.90 crore in AMP Energy C&I Fifteen Private Limited, acquiring a 45.78% stake through equity and debentures. This investment supports the procurement of solar power under a captive generation scheme. The project, based in Jamshedpur, Jharkhand, aims to optimize power costs and enhance renewable energy generation, with completion expected by March 2025. Further details are available on the company's website.