News

Balu Forge Industries Limited informed the BSE Limited and National Stock Exchange of India Limited that the register of members and share transfer register will remain closed from September 19, 2026, to September 30, 2026, for the purpose of declaring a final dividend at the company’s 37th Annual General Meeting, scheduled to be held on September 30, 2026, at 12:30 pm (IST) through Video Conferencing (VC) / Other Audio-Visual means (OAVM).

Balu Forge Industries Limited announced that its 37th Annual General Meeting will be held on Wednesday, September 30, 2026, at 12:30 p.m. (IST) via video conferencing and other audio-visual means, and the board of directors recommended a final dividend of Rs 0.15 per fully paid-up equity share of Rs 10 each for the financial year ended March 31, 2026. The company also set Friday, September 18, 2026, as the record date for determining entitlement to the dividend, with the register of members and share transfer books remaining closed from Saturday, September 19, 2026, to Wednesday, September 30, 2026.

Balu Forge Industries Limited held its 01st/2026-27 Extra Ordinary General Meeting on Friday, September 4, 2026, where shareholders approved raising of funds by issuance of Foreign Currency Convertible Bonds and approved the overall borrowing limits under section 180(1)(c) of the Companies Act, 2013, as well as authorized the Board of Directors under section 180 (1) (a) of the Companies Act, 2013 to create charges on movable and immovable properties.

Balu Forge Industries Limited will convene a board meeting on September 7, 2026, to consider a final dividend recommendation for the financial year 2025-26, subject to shareholder approval at the Annual General Meeting, according to a regulatory filing.

Balu Forge Industries Limited reported no deviation or variation in the use of proceeds raised through preferential issues for the quarter ended June 30, 2026, according to a filing with the BSE Limited and National Stock Exchange of India Limited on August 14, 2026. The company raised Rs 4401.00 lakh on February 25, 2026, Rs 5562.00 lakh on March 6, 2026, and Rs 4617.00 lakh on March 9, 2026, with Infomerics Valuation and Rating Pvt. Ltd. serving as the monitoring agency.