Bharat Forge Limited has informed the Exchange regarding Resignation of Mr Ravi Kapoor as Non- Executive Independent Director of the company w.e.f. September 30, 2025.
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Mr Ravi Kapoor has resigned from the Board of Bharat Forge Limited as a Non-Executive Independent Director, effective September 30, 2025. The company has informed the stock exchange about this development. No reason for the resignation has been disclosed in the announcement. This is a single independent director exit, and the exact circumstances (whether due to personal reasons, completion of tenure, or other factors) are not specified.
The departure of an independent director reduces the strength of the board's independent oversight, though the impact is limited as it involves only one member. Shareholders should watch for the company's plan to fill this vacancy, as SEBI listing rules require a minimum number of independent directors on the board.