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Ramkrishna Forgings informs about resignation of Nominee Directors

17 Jan 2015 Evaluate

Ramkrishna Forgings has informed that Ravi Lekhrajani, Nominee Director of Wayzata II Indian Ocean Ltd, has resigned from directorship of the Company with effect from January 15, 2015 on account of fall in the shareholding of Wayzata II Indian Ocean Ltd below the Investor threshold as per the Subscription and Shareholders Agreement.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Bharat Forge 1735.00
Ramkrishna Forgings 694.25
MM Forgings 630.45
Happy Forgings 1684.30
Balu Forge Inds. 501.55
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