Balu Forge Industries Limited at the Board of Directors meeting held on 09 May, 2023, approved appointment of Mr. Amit Todkari as Chief Financial Officer & Key Managerial Personnel of the Company with effect from 10 May 2023 as recommended by the Nomination & Remuneration Committee and the Audit Committee. Mr. Amit Todkari is a Qualified Member of the Institute of Chartered Accountant of India with an experience of more than 8 years in audit, taxation and finance.