MM Forgings delivered robust Q1 revenue growth of 16% YoY, driven by strong US CV market demand and a higher machining mix, though reported PAT was significantly inflated by a one-time ₹64 Cr land sale gain.
M M Forgings clarified an exceptional item of ₹56.25 Crore recorded in the Q1FY27 financial results. The amount represents profit from the sale of land.
M M Forgings Ltd announced the resignation of Shri. Chandrasekar S from his position as Company Secretary, Compliance Officer, and Key Managerial Personnel, effective August 14, 2026.
M M Forgings Limited concluded its 80th Annual General Meeting on August 8, 2026. Shareholders approved all agenda items, including financial statements and director appointments.
MM Forgings Ltd scheduled a Board Meeting for August 7, 2026. The meeting will consider unaudited financial results for the quarter ended June 30, 2026.
MM Forgings scheduled its 80th AGM for August 08, 2026. Key agenda includes adopting FY26 financials and ratifying ₹0.0075 Crore cost auditor remuneration.
MM Forgings Limited submitted its Business Responsibility and Sustainability Report for FY 2025-26. The report details the company's ESG performance, operational scale, and CSR compliance.
MM Forgings increased its authorized share capital to ₹63.50 Crore following an NCLT-approved amalgamation. The company's Memorandum of Association was amended to reflect this change.
M M Forgings announced the merger of its subsidiary D V S Industries following NCLT approval. The scheme is now effective, and the transferor company stands dissolved.
MM Forgings Ltd announced NCLT approval of its amalgamation scheme with DVS Industries Pvt Ltd. The merger will streamline operations and dissolve the transferor company.
MM Forgings delivered record annual revenue of ₹1,570.05 Cr in FY26, driven by 9.5% domestic growth. The company is transitioning to 100% green energy to optimize costs and enhance margins from FY27.
MM Forgings approved audited FY26 financial results and declared a ₹4 per share interim dividend. The record date for dividend payment is 12 June 2026.
MM Forgings Limited scheduled a board meeting on 27 May 2026 to approve audited FY26 financial results. Trading window remains closed until 30 May 2026.
MM Forgings Ltd confirmed it does not meet the criteria for classification as a 'Large Corporate' under SEBI's framework as of March 31, 2026. The company reported outstanding borrowings of ₹757.46 Crore and maintains an A1 credit rating from CARE Ratings Limited.
MM Forgings Limited announced the successful passing of shareholders' resolutions via postal ballot. Key outcomes include increasing the Authorized Share Capital to ₹61 Crore and approving a fund raise of up to ₹600 Crore through equity or other securities. Both resolutions were passed with a requisite majority on April 29, 2026.
M M Forgings Limited announced that CARE Ratings has reaffirmed its credit ratings for ₹1297.22 Crore in bank facilities. Long-term facilities maintained a 'CARE A; Stable' rating, while short-term facilities were reaffirmed at 'CARE A1'. The rating factors in the company's established track record and healthy business profile.
Promoters of MM Forgings Limited, including Lakshmi Ramachandran, Vijay Sundar Ramachandran, and Ajay Shankar Ramachandran, confirmed that their shareholdings remained unpledged and free of any encumbrances during the financial year ended March 31, 2026.