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According to IFC website, the project will finance the Company’s long-term working capital requirements, maintenance capex and other general corporate purposes at its existing facilities in India and provide a much-needed liquidity during the COVID-19 crisis, which will enable a swift recovery once operations ramp up.
Founded in November 1981, headquartered in Kolkata, India Ramkrishna Forgings Limited (“RKFL” or the “Company”- https://www.ramkrishnaforgings.com/) manufactures forged and machined transmission and axle components for medium and heavy commercial vehicles. RKFL has its three operational manufacturing units at three sites (Unit 1, Unit 3&4 at one site, Unit 5) in Jamshedpur in Eastern India and one unit at Liluah, Howrah near Kolkata.
Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
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- | - | - | - | RAMKRISHNA FORGINGS LIMITED | Client | - |
Ramkrishna Forgings Limited
Rajesh Mundhra
Company Secretary & Senior General Manager of Finance
033-4082 0900/ 7122 0900
rajesh@ramkrishnaforgings.com
23, Circus Avenue, Kolkata – 700017, West Bengal, India
www.ramkrishnaforgings.com/
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The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org