Bharat Forge Limited Announces Directors and Committee Changes
November 12, 2021 at 03:22 am EST
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Bharat Forge Limited at its board meeting held on November 12, 2021, approved the resignation letter received from P. C. Bhalerao, non-executive non-independent director resigning from his position with effect from close of business hours on November 12, 2021; the resignation letter received from S. M. Thakore, non-executive independent director, resigning from his position with effect from close of business hours on November 12, 2021 due to his preoccupation and owing to the resignation of directors as stated above, the committees have been reconstituted as follows- Audit Committee- P. G. Pawar, Chairperson; Vimal Bhandari, Member; P.H. Ravikumar, Member. Nomination and Remuneration Committee- P. G. Pawar, Chairperson; Dipak Mane, Member; Vimal Bhandari, Member. Financial and Risk Management Committee- B. N. Kalyani, Chairperson; Vimal Bhandari, Member; A B. Kalyani, Member; Murali Sivaraman, Member Stakeholders Relationship Committee- P. G. Pawar Chairperson; B. N. Kalyani and Lalita Gupte are Members.
Bharat Forge Limited is an India-based global provider of safety and critical components and solutions to various sectors including automotive, railways, defense, construction and mining, aerospace, marine, and oil and gas. The Company's segments include Forgings and Others. The Company is engaged in the manufacturing, assembling and selling of forged and machined components, including aluminum castings for the auto and industrial sector. It is also engaged in the manufacturing and assembly of electric vehicle related components. Its automotive products include engine, such as crankshaft, connecting rod, emission/after treatment and fuel injection system; chassis, such as front axle beams, steering knuckles, knuckle, fork and reinforcement bracket, and transmission and driveline, such as transmission components and driveline components. The Company's power products include thermal, such as shafts and gear boxes; hydro, such as rotor and others, and wind, such as shafts and gear boxes.
BHARAT FORGE LIMITED 
