On Wednesday, Bharat Forge Ltd announced the reappointment of Amit Kalyani as the vice chairman and joint managing director of the company for an additional five years, effective from May 11, 2024. This decision was made during the board of directors’ meeting, pending shareholder approval.
Amit Kalyani, son of Babasaheb Kalyani, who serves as the chairman and managing director of Bharat Forge, has been associated with the company since 1999. Initially focusing on operations and manufacturing, he later expanded his scope to include IT and finance. In May 2004, he was appointed as the company’s executive director, contributing significantly to strategic decisions, overseeing various acquisitions, and facilitating business diversification.
Bharat Forge, renowned for its defense-to-auto component supply, stands as the flagship entity of the $3 billion Kalyani Group.