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Ramkrishna Forgings announces cessation of nominee director

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Capital Market

With effect from 15 January 2015

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

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First Published: Jan 16 2015 | 6:19 PM IST

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