The board of directors of LGB Forge Limited meeting held on February 10, 2023, elected Sri. B. Vijayakumar as non-executive chairman of the company, with effect from February 10, 2023. The board has reconstituted the nomination and remuneration committee by replacing Sri.

Murugesa Saravana Marthandan as member in place of Smt. Rajsri Vijayakumar of such committee. The board of directors, on recommendation of nomination and remuneration committee and approval of the audit committee, has appointed Smt.

Rajsri Vijayakumar as managing director of the company, with effect from February 16, 2023 and Sri. A. Sampath Kumar as whole time director of the company, with effect from February 16, 2023. Sri.

B. Vijayakumar is an industrialist and having more than four decades of experience in the filed of manufacturing/production/product support/product management and marketing. Qualification: B.Sc. Smt.

Rajsri Vijayakumar is graduate in business administration and having experience of more than 18 years in business. Qualification: BBA. Sri.

A. Sampath Kumar is master in business administration and having more than 3 decades of experience in the filed of strategic business planning management, work flow oprtimization and performance improvement. Qualification: MBA.