The board of directors of LGB Forge Limited meeting held on May 28, 2022, The Board of Directors on recommendation of Nomination and Remuneration Committee for appointment of Sri. B Vijayakumar as an Additional Director (Non Executive - Non Independent) with effect from May 28, 2022. Sri B Vijayakumar is not debarred from holding the office of director by virtue of any order of SEBI or any other authority. The Board of Directors on recommendation of Nomination and Remuneration Committee for appointment of Sri. Premkumar Parthasarathy, Sri. Sajeev Mathew Rajan and Sri Saravana Marthandam as the Additional Directors (Non Executive Independent Directors) with effect from May 28, 2022. The appointee directors are not debarred from holding the office of director by virtue of any order of SEBI or any other authority. Mr. R Ravi, Company Secretary and Compliance Officer of the Company has tendered resignation from the position of Company Secretary and Compliance Officer with effect from May 28, 2022. Smt. Rajsri Vijayakumar is appointed as the Interim Compliance Officer of the company, with effect from May 28, 2022. Mr. A Sampathkumar
and Mr. V Ragupathi, Independent Directors of the Company has been redesignated as the Non Independent Directors of the Company due to the amendments in SEBI LODR.