Kalyani Forge Limited — Others, 12-11-2024: Change in Management

Mr. Viraj G. Kalyani has resigned as Chief Financial Officer of Kalyani Forge Limited, effective immediately. He will retain his roles as Managing Director and Director. Mr. Nilesh Bandale, with over 15 years of experience in finance and accounting, has been appointed as the new CFO. This transition could signal a strategic shift in financial management, as the company brings in new expertise to enhance operational efficiency. Investors may view this change as an opportunity for improved financial governance, fostering a positive outlook on future performance.