Balu Forge Industries Limited has announced the cessation of Mr. Raghvendra Raj Mehta as an Independent Director. Mr. Mehta stepped down from his position on May 6, 2026, upon reaching the age of 75 years. The Board of Directors has acknowledged his valuable service and guidance provided to the company throughout his tenure.
Leadership Change at Balu Forge
Balu Forge Industries Limited has confirmed a change in its board composition. Mr. Raghvendra Raj Mehta, who served as an Independent Director, officially vacated his office on May 6, 2026. This transition follows his attainment of the age of 75 years, consistent with the company’s commitment to adhering to age-related governance standards for its directors.
Appreciation for Service
The Board of Directors has formally expressed its gratitude for the contributions made by Mr. Mehta during his time with the organization. His tenure, which was originally scheduled to conclude on June 29, 2026, was marked by his dedication to providing strategic guidance and oversight to the company. The leadership team acknowledged his valuable role and professional commitment throughout his period of association with the firm.
Source: BSE
