Bharat Forge’s Independent Director Murali Sivaraman Retired

Murali Sivaraman ceased to be an Independent Director of Bharat Forge Limited upon completion of his five-year term, with effect from June 20, 2024, and consequently also ceased to be a member of the committee(s) of the Board.

Sivaraman, 62, is a Chartered Accountant (from the Institute of Chartered Accountants of India) and a Cost and Works Accountant (from the I.C.W.A., Institute of Cost and Works Accountants of India). Sivaraman has more than 36 years of experience. He has been part of Philips Lighting (Singapore) as President for Growth Markets, Royal Philips Electronics as CEO Global Domestic Appliance, and Philips India as Managing Director. Prior to Philips, he held multiple positions with Akzo Nobel (formerly Imperial Chemical Industries) in India as well as abroad. His current Board and advisory roles include Huhtamaki India Limited (as the Chairman), Bharat Forge Limited, ICICI Lombard General Insurance Company Limited, Medplus Health Services Limited, private equity advisor Advent International India, and Hamilton Housewares Pvt. Ltd.