Meeting Details

The 44th Annual General Meeting of Ramkrishna Forgings Limited was held on Saturday, 29 August 2026 at 11:30 AM IST through Video Conferencing/Other Audio Visual Means (VC/OAVM). The meeting concluded at 12:20 PM IST and was attended by 80 Members (including Authorised Representatives).

Leadership and Attendance

Mr. Naresh Jalan, Managing Director (DIN: 00375462) was elected as Chairman of the Meeting. Mr. Chetan Rameshchandra Desai (DIN: 03595319) was appointed as Chairman for Resolution No. 5, 6 & 7 where Mr. Naresh Jalan was interested.

Directors present included: Mr. Naresh Jalan (Managing Director), Mr. Chaitanya Jalan (Joint Managing Director, DIN: 07540301), Mr. Lalit Kumar Khetan (Whole Time Director & CFO, DIN: 00533671), Mr. Milesh Gandhi (Whole-Time Director, DIN: 07436442), Mr. Chetan Rameshchandra Desai (Independent Director, Chairman of Audit Committee), Mr. Sanjay Kothari (Independent Director, Chairman of NRC, DIN: 00258316), Mr. Ranaveer Sinha (Independent Director, Chairman of SRC and CSR Committee, DIN: 00103398), and Ms. Rekha Bagry (Independent Director, DIN: 08620347).

Ms. Sucharita Basu De (Independent Director, DIN: 06921540) and Mr. Mahabir Prasad Jalan (Non-Executive Director, DIN: 00354690) could not attend due to pre-occupation.

Professional Attendance

Also present were: Mr. Navin Agarwal, Partner of S.R. Batliboi & Co. LLP, Chartered Accountants (FRN: 301003E/E300005); Mr. Abhijit Bose, Partner of S. K. Naredi & Co. LLP, Chartered Accountants (FRN: 003333C), Joint Statutory Auditors; and Mr. Raj Kumar Banthia, Partner of MKB & Associates, Company Secretaries in Practice (FRN: P2010WB042700), Secretarial Auditor & Scrutinizer.

Voting Procedures

The Company engaged KFin Technologies Limited to provide Remote E-Voting facility. The cut-off date for voting was Saturday, 22 August 2026. The remote e-voting period commenced on Wednesday, 26 August 2026 at 9:00 AM IST and concluded on Friday, 28 August 2026 at 5:00 PM IST. Insta Poll voting was also conducted at the AGM for members who had not voted remotely. The e-voting window remained open for an additional 15 minutes after the meeting conclusion.

Business Conducted

The following items of business from the Notice dated 24 July 2026 were considered:

ORDINARY BUSINESS:

1. Adoption of financial statements for FY ended 31 March 2026 together with Director's Report and Auditor's Report

2. Re-appointment of Mr. Chaitanya Jalan (DIN: 07540301) who retires by rotation

3. Re-appointment of Mr. Milesh Gandhi (DIN: 07436442) who retires by rotation

4. Ratification of Remuneration of Cost Auditors for Financial Year 2026-27

SPECIAL BUSINESS:

5. Approval of Re-appointment of Mr. Naresh Jalan (DIN: 00375462) as Managing Director for 3 years effective 5 November 2026 till 4 November 2029

6. Approval for payment of Excess Remuneration to Directors for Financial Year 2025-26

7. Approval for change in designation of Mr. Chaitanya Jalan from Whole time Director to Joint Managing Director

Other Proceedings

The Chairman provided an overview of the financial performance for FY ended 31 March 2026 and future outlook. The Company Secretary read the Statutory Auditor Report and qualifications contained in the Secretarial Audit Report, with attention drawn to explanations in the Director's Report FY 2025-26.

Registered speakers were given opportunity to ask questions or seek clarification, which were responded to at the Meeting.

Outcome and Next Steps

All business mentioned in the 44th AGM Notice shall be deemed to have been passed on the date of the AGM (29 August 2026). Voting results will be announced within 2 working days of meeting conclusion. The voting results along with Scrutinizer's Report will be intimated to Stock Exchanges within statutory timelines.

Document Availability

A copy of the proceedings is available on the company website at www.ramkrishnaforgings.com.