Balu Forge Industries Limited has disclosed the cessation of Mr. Raghvendra Raj Mehta as an Independent Director, effective May 6, 2026. The development follows the director attaining the age of 75 years, triggering the regulatory limit for holding the office.

Mr. Mehta was initially appointed to the position for a five-year term ending June 29, 2026. However, in accordance with Regulation 17(1A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, he vacated the office upon reaching the specified age limit. The appointment had previously been approved by members through an Ordinary Resolution.

The Board of Directors placed on record its appreciation for the guidance and contributions provided by Mr. Mehta during his association with the company. The official confirmation was submitted to the stock exchanges on May 21, 2026.

Details of Cessation

The specific details regarding the change in directorship were outlined in the regulatory filing.

Balu forge industries Limited has announced a scheduled plant visit and analyst/institutional investor meeting for April 16, 2026, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company informed stock exchanges about this upcoming engagement through an official communication dated April 12, 2026.

Event Details and Participants

The scheduled event comprises a plant visit at the company's manufacturing facilities located in Hattargi and Belgaum, Karnataka, followed by meetings with institutional investors and analysts. The meeting will be conducted in a physical group format.

Meeting Agenda and Scope

During the scheduled meeting, discussions will focus on the company's business operations and general information that is available in the public domain. The engagement aims to provide institutional investors and analysts with insights into the company's manufacturing operations and business activities.

Regulatory Compliance

The announcement was made pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates companies to inform stock exchanges about scheduled meetings with analysts and institutional investors. The communication was signed by Jaspalsingh Chandock, Managing Director (DIN 00813218), and submitted to both BSE Limited and National Stock Exchange of India Limited.

Important Notes

The company has indicated that the date and time of the meeting are subject to change due to potential exigencies on the part of either the investors or the company. Additional information regarding this event will be made available on the company's official website at www.baluindustries.com .