Balu Forge Industries will host a scheduled interaction with institutional investors and analysts on August 20, 2026. The event comprises physical plant visits at its Belgaum and Hattargi facilities, followed by a group management meet. This engagement is part of the company’s ongoing efforts to communicate business updates and operational details to key market stakeholders.

The meeting is organized pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Jaspal Singh Chandock, Managing Director of Balu Forge Industries, signed the intimation letter dated August 14, 2026. The company notified the Bombay Stock Exchange and the National Stock Exchange of India Limited regarding the schedule.

Event Details

The interaction will take place in a group format with a physical mode of delivery. During the session, the company’s business operations and general information available in the public domain will be discussed. The date and time are subject to change due to exigencies on the part of investors or the company.

Participating Institutions

The following institutions have been invited to participate in the plant visit and analyst meet:

• Goldman Sachs
• Capital Group
• Wellington Management

Further information regarding the schedule is available on the company’s website.

Balu Forge Industries has scheduled an Extraordinary General Meeting (EGM) for September 4, 2026, to seek shareholder approval for a significant capital raise through the issuance of Foreign Currency Convertible Bonds (FCCBs). The company aims to raise up to USD 60 million to fund long-term working capital requirements, capital expenditure, and general corporate purposes.

The EGM will be held via video conferencing or other audio-visual means, with the deemed venue at the company’s registered office in Mumbai. Shareholders holding shares as on August 28, 2026, are eligible to vote. The remote e-voting facility, managed by National Securities Depository Limited (NSDL), will be active from August 31, 2026, at 9:00 am until September 3, 2026, at 5:00 pm.

Capital Raise Details

The proposed FCCB issuance is structured as a private placement or through other permissible methods under applicable laws. The Board of Directors has been authorized to determine the specific terms, including pricing, conversion ratios, and timing, subject to regulatory approvals from SEBI, RBI, and other relevant authorities.

The proceeds from the bond issuance will be allocated across several strategic areas:

• Meeting long-term working capital needs arising from business expansion.
• Financing capital expenditure for technology, infrastructure, and manufacturing capabilities.
• Repaying or refinancing existing rupee-denominated loans and borrowings.
• General corporate purposes and business-related expenditures.

Enhanced Borrowing Limits

In addition to the FCCB issue, Balu Forge is seeking shareholder consent to enhance its overall borrowing powers under Section 180(1)(c) of the Companies Act, 2013. The resolution proposes raising the aggregate borrowing limit to ₹1,000 crore.

This enhanced limit allows the company to borrow from banks, financial institutions, and other sources in Indian rupees or foreign currency. The total outstanding borrowings, excluding temporary loans obtained in the ordinary course of business, shall not exceed this threshold at any point in time. This flexibility is intended to enable timely access to debt financing based on prevailing market conditions.

Security Creation Authorization

The third special resolution seeks approval under Section 180(1)(a) of the Companies Act, 2013, to create mortgages, charges, hypothecations, and floating charges on the company’s movable and immovable properties. This authorization is required to secure loans and debt securities up to the aggregate limit of ₹1,000 crore.

The Board has stated that none of the directors, key managerial personnel, or their relatives have any financial interest in these resolutions, except through their shareholding in the company. The explanatory statement accompanying the notice confirms that the proposed issuances will not result in a change of management or control.