Balu Forge Industries Submits Quarterly Compliance Certificate for Q4 FY26

1 min read     Updated on 09 Apr 2026, 01:26 PM
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AI Summary

Balu Forge Industries Limited has submitted its confirmation certificate under SEBI Regulation 74(5) for Q4 FY26, covering the quarter ended 31st March, 2026. The certificate from RTA Skyline Financial Services confirms compliance with dematerialization requirements, including proper verification and cancellation of physical share certificates within prescribed timelines, demonstrating the company's adherence to regulatory standards.

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Balu forge industries Limited has submitted its quarterly confirmation certificate to stock exchanges, fulfilling regulatory compliance requirements under SEBI regulations for the quarter ended 31st March, 2026.

Regulatory Compliance Submission

The company submitted the confirmation certificate dated 02nd April, 2026 to both BSE Limited and National Stock Exchange of India Limited on 09th April, 2026. The certificate was issued by Skyline Financial Services Pvt. Ltd., which serves as the company's Registrar & Share Transfer Agent (RTA).

Parameter: Details
Regulation: SEBI (Depositories and Participants) Regulations, 2018 - Section 74(5)
Quarter Period: Ended 31st March, 2026
Certificate Date: 02nd April, 2026
Submission Date: 09th April, 2026
RTA: Skyline Financial Services Pvt. Ltd.

Certificate Confirmation Details

The RTA confirmed compliance with dematerialization requirements for physical share certificates received during the quarter. The certificate validates that:

  • Securities comprised in the certificates have been listed on stock exchanges where previously issued securities are listed
  • Physical certificates have been properly verified, mutilated, and cancelled
  • The depository name has been substituted in records as the registered owner within the prescribed 15-day timeline

Corporate Information

The submission was signed by Tabassum Begum, Company Secretary & Compliance Officer (Membership No.: A58602), demonstrating proper corporate governance protocols. The company maintains its registered office at Imperial Palace, Andheri East, Mumbai, and holds multiple ISO certifications including ISO 16949, ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.

This quarterly submission reflects the company's ongoing commitment to regulatory compliance and proper maintenance of shareholder records in accordance with SEBI guidelines.

Historical Stock Returns for Balu Forge Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.39%+10.54%+2.36%-25.60%-21.22%+70.36%

What impact will Balu Forge Industries' consistent regulatory compliance have on its institutional investor appeal and ESG ratings?

How might the company's multiple ISO certifications position it for potential expansion into new automotive or industrial sectors?

Will Balu Forge Industries consider upgrading its listing status or exploring additional stock exchange listings given its strong compliance track record?

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Balu Forge Industries Promoter Creates Pledge on 8,75,000 Equity Shares

2 min read     Updated on 16 Mar 2026, 08:31 PM
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AI Summary

Balu Forge Industries promoter has created a pledge on 8,75,000 equity shares to Aditya Birla Capital Limited for availing financial facility. The pledge represents 0.73% of total share capital and 1.45% of promoter holding, with complete regulatory compliance under SEBI takeover regulations.

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Balu Forge Industries promoter Jaspalsingh Prehladsingh Chandock has disclosed the creation of a pledge on 8,75,000 equity shares to Aditya Birla Capital Limited. The disclosure was made on March 16, 2026, in compliance with Regulation 31(1) and 31(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Pledge Details

The promoter pledged the shares on March 7, 2026, to avail financial facility from Aditya Birla Capital Limited, a Non-Banking Financial Company (NBFC). The encumbrance was created through a formal pledge arrangement as disclosed in the prescribed Annexure I and II format.

Parameter: Details
Promoter Name: Jaspalsingh Prehladsingh Chandock
Shares Pledged: 8,75,000 equity shares
Pledgee: Aditya Birla Capital Limited
Date of Pledge: March 7, 2026
Purpose: Availing financial facility
Type of Encumbrance: Pledge

Financial Details

The pledge arrangement involves significant financial parameters with a security cover ratio of 2.7:1. The value of pledged shares on the event date stood at ₹40,07,50,000 against the borrowed amount of ₹14,82,30,000.

Financial Metrics: Amount
Value of Pledged Shares: ₹40,07,50,000
Amount Involved: ₹14,82,30,000
Security Cover Ratio: 2.7:1
End Use: Personal use by promoters

Shareholding Impact

The pledged shares represent 0.73% of the company's total share capital and 1.45% of the promoter's total shareholding. Prior to this encumbrance, the promoter had no previously encumbered shares, indicating this is a fresh pledge arrangement.

Shareholding Details: Numbers Percentage
Total Promoter Holding: 6,04,59,024 equity shares 50.52%
Shares Pledged: 8,75,000 equity shares 0.73% of total capital
Promoter Encumbrance: 8,75,000 shares 1.45% of promoter holding
Previously Encumbered: 0 shares 0%

Regulatory Compliance

The disclosure was submitted to both BSE Limited and National Stock Exchange of India Limited through formal communication from the promoter. The company provided comprehensive documentation including the promoter's direct disclosure and detailed annexures as required under SEBI regulations. The promoter's address is listed as Plot No. 554, Hari Niwas, 33 Road, Khar West, Mumbai-400052, Maharashtra.

Compliance Details: Information
Promoter Contact: jaspal.singh@baluindustries.com
Disclosure Date: March 16, 2026
Regulation: 31(1) and 31(3) of SEBI SAST
Format: Annexure I and II
Stock Exchanges: BSE Limited and NSE

The promoter has fulfilled the mandatory disclosure requirements within the prescribed timeline under SEBI regulations. The encumbrance details were provided in the standard format as required by the regulatory framework for substantial acquisition and takeover regulations.

Historical Stock Returns for Balu Forge Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.39%+10.54%+2.36%-25.60%-21.22%+70.36%
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1 Year Returns:-21.22%