Ramkrishna Forgings Limited — Board Meeting, 01-06-2025: Outcome of Board Meeting

Ramkrishna Forgings has announced a board meeting on 30-31 May 2025 approving the financial results for the quarter and half-year ended March 31, 2025. The results incorporate an interim joint fact-finding report revealing inventory overstatements of Rs. 220.52 Cr, lowering net worth by about Rs. 202.60 Cr (6.73%). The company declared a 2nd interim dividend of Re. 1 per share. It plans a preferential issue of convertible warrants worth Rs. 204.75 Cr to promoters, subject to shareholder approval. MKB & Associates and Bijay Kumar & Co. were appointed as secretarial and cost auditors for FY26. AGM fixed for August 30, 2025.