Bharat Forge Limited — Others, 30-12-2024: Change in Management

Bharat Forge has announced a board meeting for the appointment of Mr. Ravi Kapoor and Ms. Rashmi Joshi as Additional Non-Executive Independent Directors. Their appointments are effective from December 30, 2024, pending shareholder approval via Postal Ballot. Mr. Kapoor brings extensive banking experience, having previously led teams at Citibank and completed over 600 deals in capital markets and M&A. Ms. Joshi has a strong background in corporate governance and risk management, having served in executive roles across multiple industries. This move may enhance governance and strategic insights, potentially fostering positive sentiment among investors.