Ramkrishna Forgings Limited Appoints New Independent Director
Ramkrishna Forgings Limited announced that its board of directors has recommended the appointment of Mr. Chetan Rameshchandra Desai as a Non-Executive, Independent Director. The appointment is subject to shareholder approval and is scheduled to be effective April 29, 2026, for a consecutive term of five years.Mr. Desai, aged 75, holds DIN 03595319. He possesses extensive experience in corporate governance, regulatory compliance, and corporate law, spanning approximately 50 years. Previously, he was a Managing Partner at M/s. Haribhakti & Co. LLP, a leading accounting and strategic consulting firm in India.
The company will seek shareholder approval for the appointment through a Postal Ballot.
The Board Meeting commenced at 11:30 A.M. and concluded at 1:45 P.M.
According to information disclosed, Mr. Desai is not related to any existing directors of the company and currently holds no shares in Ramkrishna Forgings Limited.
Brief Profile of Mr. Chetan Rameshchandra Desai:
| Particulars | Details |
|---|---|
| Full Name, age & DIN | Chetan Rameshchandra Desai, aged 75 years DIN: 03595319 |
| Terms of Appointment | Appointment of Chetan Rameshchandra Desai as a Non-Executive, Non-Independent Director, for a consecutive term of five years, with effect from April 29, 2026, not liable to retire by rotation, subject to the prior approval of the shareholders of the Company by way of Special Resolution. |
| Shareholding in the Company | NIL |
Mr. Desai’s professional background includes advising multinational corporations, public sector enterprises, and large corporations across various sectors.
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