Bharat Forge expands board strength from 12 to 15

Mumbai, May 29: Bharat Forge Ltd expanded its board of directors to accommodate three additional directors - Mr P K Maheshwari, Mr B P Kalyani and Mr S E Tandale.

Informing the Bombay Stock Exchange today, the company said the three new directors have been inducted in the board as executive directors, with effect from May 23.

With this, the companys board strength has gone up to 15 from 12. Also, the number of executive directors on the board has swelled from four, including the managing director, to seven.

The meeting of the directors, which took place today, also decided to elevate present executive director G K Agarwal to the position of deputy managing director of the company, while Mr B N Kalyani is the chairman and managing director.

UNI