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Ramkrishna Forgings Limited has announced a board meeting where it flagged inventory overstatements of Rs. 220.52 Cr (FY 24-25) and Rs. 50.22 Cr (FY 23-24) at its Jamshedpur plants. The discrepancies stemmed from SAP errors, process losses not recorded, delayed scrap accounting, and flawed production data, hitting net worth by 6.73%. The company is enforcing stricter controls, limiting manual entries, taking disciplinary action, and will onboard an external SAP expert within 4-6 months. No further financial impact is anticipated.