Bharat Forge submitted the certified true copy of the proceedings of the postal ballot on September 29, 2026. The filing confirms shareholder approval for the issuance of securities up to ₹25,000 million (Rupees Twenty-Five Thousand Million).

The special resolution was passed with a requisite majority during the e-voting period that concluded on September 11, 2026. This approval underpins the company's recent Qualified Institutions Placement (QIP) and future capital raising activities.

Postal Ballot Results and Approval

The Board of Directors approved the proposal for the postal ballot on August 10, 2026. The e-voting period commenced at 9:00 am on August 13, 2026, and ended at 5:00 pm on September 11, 2026. Members holding shares as on the cut-off date of August 7, 2026, were eligible to vote.

The resolution received overwhelming support from shareholders:

The resolution was deemed passed on September 11, 2026, the last date specified for e-voting.

Scope of Authorized Issuance

The approved resolution authorizes the creation, issue, offer, and allotment of securities for cash in one or more tranches. The aggregate amount authorized is up to ₹25,000 million or its equivalent in foreign currencies.

Permissible instruments include:

• Equity Shares (fully or partly paid-up)
• Fully/partly/optionally convertible debentures
• Warrants and securities convertible into equity shares
• Global Depository Receipts (GDRs) and American Depository Receipts (ADRs)
• Foreign Currency Convertible Bonds (FCCBs)

The issuance may be conducted via Qualified Institutions Placement (QIP), Further Public Offer (FPO), preferential allotment, or rights issue. The Board retains discretion over pricing, subject to SEBI ICDR Regulations and applicable laws.

Integration with Recent QIP Closure

This submission formalizes the regulatory compliance for the capital raising exercise that recently concluded. Bharat Forge closed its QIP on September 22, 2026, allotting 1,05,82,010 equity shares at an issue price of ₹1,890 per share. The final price reflected a discount of 2.96% against the floor price of ₹1,947.70.

The QIP raised ₹20,000 million, utilizing a significant portion of the ₹25,000 million authorization granted by shareholders. The allotment list highlighted participation from foreign investors and domestic mutual funds, with the Government of Singapore accounting for 16.81% of the total issue size.

What the Numbers Show

The submission of the postal ballot proceedings provides the legal foundation for the recently completed QIP. The shareholder approval for up to ₹25,000 million in securities contrasts with the ₹20,000 million actually raised through the QIP closed on September 22, 2026. This indicates that approximately ₹5,000 million of the authorized capacity remains available for future issuance under this specific resolution, which is valid for 365 days from the date of the special resolution.

Bharat Forge shares were flagged by a real-time trade-scanning system after approximately 1,12,562 shares changed hands on the NSE at ₹1,927.00, with a combined value of ₹21.69 crore.

This is a real-time large-trade signal, not a confirmed block or bulk deal. NSE/BSE publish official block and bulk deal reports only after market close — this trade may or may not appear there.

Large-trade signal details

The following table summarises the key parameters of the flagged activity:

The signal reflects a cluster of trades in Bharat Forge shares printed within a short window at or near ₹1,927.00, flagged by the system for size and speed. This activity has not been confirmed or reported by the exchange as an official event.

What this signal is, and is not

What this is, and isn't: this reflects trade-level activity — a cluster of trades in the stock above, printed within a short window at or near the quoted price, for a combined value as stated. It is generated by our real-time trade-scanning system and is not, by itself, evidence of a block or bulk deal.

A block deal has to be executed in the exchange's dedicated window (8:45–9:00am or 2:05–2:20pm), within a set price band, and above the current minimum order size (₹25 crore). A bulk deal is when one client's total trading in a stock crosses 0.5% of its equity in a single day — confirmed only once every trade that client made is added up.

Both are published by NSE/BSE after trading hours end, typically after 3:30pm — never before. If this trade qualifies as either, it will appear in the exchange's own report later today, not here first.