Balu Forge Industries Limited held its 37th Annual General Meeting on September 30, 2026. Members adopted the audited financial statements for FY26 and approved a final dividend of ₹0.15 per equity share.

The meeting was conducted through Video Conferencing and Other Audio-Visual Means. Jaikaran Chandock, Whole-Time Director, presided over the session and addressed members on the company's performance and future outlook. All directors attended the meeting, and no leave of absence was granted.

Key resolutions passed

The following ordinary resolutions were put to vote through remote e-voting and e-voting during the AGM:

• Adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026.
• Declaration of a final dividend of ₹0.15 per equity share of face value ₹10 each.
• Re-appointment of Trimaan Jaspalsingh Chandock as a director retiring by rotation.
• Ratification of remuneration payment to cost auditors for FY27.

Proceedings summary

The statutory auditors' report and secretarial audit report for FY26 did not contain any qualifications or adverse remarks. Consequently, these reports were not read out during the meeting. The scrutinizer's report on voting results will be submitted separately in accordance with SEBI Listing Regulations.

Balu Forge Industries has appointed Mr. Amit Vinaybhai Jain as the new Company Secretary and Compliance Officer. The appointment is effective from October 15, 2026, following the resignation of the incumbent officer.

Ms. Tabassum Begum resigned from her position as Company Secretary and Compliance Officer and Key Managerial Personnel (KMP) with effect from the close of business hours on September 26, 2026. The resignation was attributed to personal circumstances arising from marriage and relocation from Mumbai to Pune. The Board accepted the resignation based on the recommendation of the Nomination and Remuneration Committee.

Profile of incoming officer

Mr. Amit Vinaybhai Jain is a qualified Company Secretary with over 6 years of professional experience. His expertise covers corporate secretarial functions, corporate governance, and regulatory compliances. The Board approved his appointment on terms and conditions mutually agreed upon between the Board and the Company Secretary.

Key areas of his professional experience include:

• Corporate secretarial and governance matters
• Compliance under the Companies Act, 2013 and applicable rules
• SEBI, Listing Regulations, and other regulatory compliances
• Preparation and filing of statutory forms and returns
• Maintenance of statutory registers and records
• Conducting Board Meetings, General Meetings, and related compliances
• Liaison with regulatory authorities and stakeholders

Regulatory disclosures

The changes were disclosed under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Ms. Begum confirmed in her resignation letter that there were no material reasons for her departure other than those stated.