Board of Directors of Samrat Forgings Limited in their meeting held on 30 June 2022, have appointed Mr. Rakesh M. Kumar Managing Director as Chairman of the Board, in place of Mrs. Bindu Chowdhary who has expressed her unwillingness to continue as chairperson of the Board due to her age and health issues. However, Mis. Bindu Chowdhary will continue as Director of the Company.