MM Forgings Limited — Board Meeting, 03-02-2025: Outcome of Board Meeting

The Board of Directors has approved the unaudited financial results for the quarter ended 31 December 2024, reporting revenues of ₹1,143.35 Cr. The company achieved operating EBITDA of ₹242.97 Cr., marking a 6% growth year-on-year. Additionally, Smt. Shyamala S has been appointed as a Non-Executive Independent Director effective 31 March 2025, subject to shareholder approval. The tenure of Smt. Kavitha Vijay concludes on the same date. The Board also modified the appointed date for the amalgamation of DVS Industries with M M Forgings to 01 April 2024, aiming for operational synergies.