The board of LGB Forge Limited at its 22nd AGM held on May 15, 2023 approved the resignation of Sri. K. Maheswaran, Comapany Secretary and Compliance Officer and decided to relive him from the responsibilities of the company from closure of business hours on May 20, 2023. The board has also nominated Sri.

A. Sampath Kumar, Whole Time Director of the company as Compliance Officer with effect from May 21, 2023 and he will be responsible for all compliance related matters and Investors Relation till the time the board appoints a Company Secretary of the company. The board has reconstituted the Nomination and Remuneration committee by inducting Sri. Prem Kumar Parthasarathy, independent Director as member in the place of Sri.

P.V. Ramakrishnan, Independent Director with effect from may 15, 2023. The board has reconstituted the stakeholder's relationship committee by inducting Sri. Prem Kumar Parthasarathy, independent director in the place of Sri.

P.V. Ramakrishnan, independent director effective from May 15, 2023. Further Sri. Prem Kumar Parthasarathy will act as chairman of the stakeholder's relationship committee effective from May 15, 2023.