Krishanveer Forge Limited has made a regulatory disclosure pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the SEBI Master Circular.

The Board of Directors at its meeting held on Wednesday, 05 August 2026, based on the recommendation of the Nomination and Remuneration Committee, has approved and recommended the appointment of two individuals as Independent Directors of the Company. The appointments are subject to member approval at the ensuing Annual General Meeting.

Director Appointments

  • Mr. Ravi Kapoor (DIN: 07291227) as Independent Director
  • Ms. Vijeta Subhash Kulkarni (DIN: 11841890) as Independent Director

Term Details

Both appointments are for a first term of five consecutive years commencing from December 01, 2026 and ending on November 30, 2031.

Compliance Confirmations

The company confirms that:

  • Both proposed appointees are not debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority
  • Both satisfy the criteria of independence prescribed under Section 149(6) of the Companies Act, 2013 and Regulation 16(1)(b) of the SEBI Listing Regulations

Director Profiles

Mr. Ravi Kapoor is a seasoned corporate professional with over 36 years of experience in finance, commercial management and strategic leadership. He holds a Bachelor's Degree in Metallurgical Engineering from IIT Bombay and a Master's Degree in Management Studies (Finance) from JBIMS, Mumbai. He has held senior leadership positions including Chief Financial Officer in reputed manufacturing organizations and possesses extensive expertise in corporate governance, financial management, business strategy, risk management and regulatory compliance. He is not related to any Director of the Company.

Ms. Vijeta Subhash Kulkarni is a Human Resources and Corporate Governance professional with over 21 years of experience across healthcare, manufacturing, automotive and BFSI sectors. She holds a Master's Degree in Personnel Management from Savitribai Phule Pune University and a Bachelor's Degree in Commerce. She possesses rich experience in human capital strategy, organizational development, leadership succession, performance management, corporate governance, ESG and Nomination & Remuneration Committee matters. She is not related to any Director of the Company.

The disclosure was signed by Mahendra Ravso Samdole, Company Secretary and Compliance Officer (M No.: A58630) on August 05, 2026.