Ganga Forging Limited has disclosed the resignation of Hiralal Mahidas Tilva from the posts of Chairman and Managing Director, and as a director, effective at the close of business on November 5, 2026. The company cited Tilva’s age and health reasons as the basis for his departure and noted that there are no other material factors behind his decision. The announcement confirms that the Board of Directors has accepted the resignation in its meeting held on the same date.
The board’s disclosure makes clear that Tilva’s exit marks a significant leadership transition for the Gujarat-based forging company. While the release references that there are no other material reasons for the resignation beyond the stated factors, it does not outline a successor or interim arrangement, signaling the need for thoughtful succession planning as the company moves forward.
Tilva’s resignation letter, which accompanies the disclosure, includes thanks to the board, management, and employees for their cooperation and support during his tenure as Chairman and Managing Director. The company will now oversee the transition and begin the process of appointing a new leader to guide Ganga Forging through its next phase of growth and execution in the competitive forging sector.