The Company was incorporated as a Private Limited Company on 22nd June, 1990 and converted into a Public Limited Company on 22nd April, 1991, under the Act with the Registrar of Companies, Maharashtra, at Bombay. The Company has set up a plant for the manufacture of open die forged components with piece weight upto 10 mt per piece, with a licensed capacity of 10,000 tonnes per annum. The Company has been promoted by Shri R S Kothavale, a technocrat entrepreneur, along with Shri P B Kore, Shri N Ramakrishna and Shri A S Kothavale. Shri R S Kothavale, the Managing Director of the Company, is a Mechanical & Electrical Engineer having about 28 years of experience in the Forging industry. The management of the Company vests with the Board and Directors, comprising eminent professionals and executives. Shri N K Prasad is the Chairman of the Company. He holds a post graduate degree in Commerce. The day-to-day management of the Company is being looked after by Shri R S Kothavale, the Managing Director of the Company under the overall supervision of the Board. 2007 -Rajkumar Forge Ltd has appointed Mr. Pradeep Bhargava as Director of the Company w.e.f. April 28, 2007. 2009 --Registered Office of the Company has been shifted from 201, Novelty Classic, 2nd Floor, Behind Maruti Care Point, Off Senapati Bapat Road, Chaturshingi Paitha, Pune - 411016" to "18, Shivaji Co-operative Housing Society Ltd, Off. Senapati Bapat Road, Pune - 411016" -The Company has recommended a dividend of Rs 0.85 paisa per share 2011 -The Company recommended a dividend @10% i.e. Rupee 1 per equity share 2012 -The Company recommended a dividend of 15% viz Rs. 1.50/- (Rupee One Paisa Fifty Only) per equity share 2013 -The Company have recommended a dividend @ 15% i.e. Rupee 1.50 per equity share. 2022 -Company name changed to Krishanveer Forge Ltd. from Rajkumar Forge Ltd..