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MM Forgings Limited Approves Postal Ballot for Director Appointment

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MM Forgings Limited ( (IN:MMFL) ) has issued an update.

MM Forgings Limited has announced the approval of a postal ballot to seek shareholder consent for the appointment of Smt. Rama Sivaraman as a Non-Executive Independent Director for a five-year term starting March 31, 2025. This move is part of the company’s governance strategy and may impact its board composition and strategic direction, potentially influencing stakeholder confidence and the company’s industry positioning.

More about MM Forgings Limited

MM Forgings Limited operates in the manufacturing industry, specializing in the production of forgings. The company focuses on providing high-quality forged components to various sectors, including automotive, industrial, and infrastructure markets.

YTD Price Performance: -24.42%

Average Trading Volume: 4,293

Current Market Cap: 17.1B INR

Learn more about MMFL stock on TipRanks’ Stock Analysis page.

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