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November 21, 2023
The apex court said “it is well within the Committee of Creditors domain as to how to deal with the entire debt of the corporate debtor.” If after repeated negotiations, a resolution plan had been approved by the CoC with a majority vote of 88.56%, such commercial wisdom was not required to be called into question or casually interfered with, it added.
August 25, 2023
The bankruptcy court has approved Ramkrishna Forgings bid to acquire JMT Auto, a subsidiary of the Amtek Group, through the corporate insolvency resolution process. Ramkrishna Forgings will offer INR 125 crore to acquire JMT Auto, which has admitted financial liabilities of over INR 165 crore. This acquisition is seen as a positive development in the manufacturing sector and may lead to more acquisitions through the Insolvency and Bankruptcy Code (IBC).
August 24, 2023
The bankruptcy court has approved Ramkrishna Forgings bid to acquire JMT Auto, a subsidiary of the Amtek Group, through the corporate insolvency resolution process. Ramkrishna Forgings will offer ₹125 crore to acquire JMT Auto, which has admitted financial liabilities of over ₹165 crore. This acquisition is seen as a positive development in the manufacturing sector and may lead to more acquisitions through the Insolvency and Bankruptcy Code (IBC).
March 30, 2023
Team Ramakrishna Forgings Limited wins gold in National Kaizen competition | Corporate News | The Avenue Mail
March 2, 2023
Ramkrishna Forgings Limited has announced a significant step towards fulfilling its commitment of achieving carbon neutrality through an investment in renewable energy.
November 2, 2022
New Delhi [India], November 2 (ANI/ATK): A Kolkata-based social enterprise, AdMyBinn, has recently secured seed funding at a valuation of Rs 7 crores from Harsh Vardhan Agarwal, Executive Director, Ori-Plast Ltd. The funding will expedite the company's growth plans of expanding to new cities, railway stations, building teams, and technology to serve their notion to a more exhaustive extent for completing the chain of lifecycle waste management (Creating Infrastructure-Collection-Safe Disposa...
October 11, 2021
The shares of Ramkrishna Forgings are among the multibagger stocks of 2021, with a return of 151 per cent in year-to-date (YTD) terms.