Balu Forge Industries Limited
Balu Forge Industries Ltd is engaged in the manufacturing of fully finished and semi-finished forged crankshafts and Forged Components. It has the capability to manufacture components conforming to the New Emission Regulations & the New Energy Vehicles
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Balu Forge Industries Limited has informed the Exchange about Intimation of Book Closure for the purpose of Dividend.
Balu Forge acquired a state-of-the-art ring rolling production line, becoming one of India's largest. This adds 18,000 tons capacity for ultra-large forged rings (up to 6.7m OD), significantly boosting domestic manufacturing for defence, aerospace, and energy sectors.
Balu Forge Industries appointed GoIndia Advisors LLP for Investor Relations Management Services. This strategic move aims to enhance communication and engagement with investors, signaling a focus on stronger shareholder connections.
Balu Forge secured a multi-month contract for 155mm ERFB BB/BT Shells in the Defence Sector. Following successful commercialization, BFIL will supply 10,000 units initially, with ongoing monthly deliveries, establishing itself as a key indigenous defence supplier.
Balu Forge secured a significant initial order for 30,000 units of 152mm artillery shells, scalable to 100,000+. This boosts its defence footprint, leveraging an automated production line and strategic forward integration into advanced energetics.