Intimation of Completion of tenure of Director
Price
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Awaiting price reaction for this filing.
LGB Forge Ltd has informed the stock exchange that Sri. Venkataswamy Ragupathi (DIN: 01712288) will retire from the board as Non-Executive Non-Independent Director upon completion of his four-year term, effective from the close of business hours on October 26, 2025. The Board, through a circular resolution dated October 25, 2025, noted his departure and recorded appreciation for his contributions during his tenure. The disclosure was made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements, with details furnished in Annexure I. No new appointment or replacement details have been announced in this filing.
This is a routine end-of-tenure event for a non-executive director with no governance red flags or operational disruption indicated. Shareholders are unlikely to see a material impact on the stock price, though any subsequent board composition changes will need to be watched.