Metalyst Forgings Limited announced that pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, the Implementation and Monitoring Committee of the Company constituted as per the Resolution Plan hereby approves the appointment of Mr. Pandurang Kumbhar (DIN: 07406354) as Whole-time Director and Key Managerial Personnel of the Company with effect from 31st May 2024, who shall hold the office until the date of implementation of the Resolution Plan, as duly approved by the Hon'ble National Company Law Tribunal, Mumbai Bench vide order dated May 14, 2024. Qualification: Mr. Pandurang Kumbhar hold the following degrees: Diploma in electronics and communication engineering, B.A, P.G in Industrial Relations and Personnel Management, Diploma Industrial Safety Management, Diploma in Computer Education, etc. The remarkable career of Mr. Pandurang Kumbhar, who has accumulated 44 years of valuable experience spanning various industries.

This includes 20 years as a Techno-Admin Officer in the Indian Air Force, 24 years in Senior Personnel Management, and the last 6 years in Core Management. He has held significant roles at Precision Camshafts Limited as HR Head, DGP Hinoday Industries as HR Head, Bajaj Electrical Limited as Regional HR Head, Kalyani Forge Limited as Associate Vice President HR, Indian Seamless Metal Tubes (ISMT) Limited as VP HR, Amtek Auto Limited as Senior Vice President, and Metalyst Forgings Limited as Senior VP of Southern & Western Region.