Balu Forge Industries Promoter Acquires Additional 10,000 Shares in Open Market Transaction

1 min read     Updated on 26 Dec 2025, 03:56 PM
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Reviewed by
Jubin VScanX News Team
Overview

Jaspalsingh Prehladsingh Chandock, promoter of Balu Forge Industries Limited, acquired 10,000 additional equity shares through open market purchase on December 26, 2025. The transaction increased his shareholding from 53.02% to 53.03% of the company's total share capital. The acquisition was properly disclosed under SEBI regulations to both NSE and BSE, demonstrating regulatory compliance and continued promoter commitment to the forging company.

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Balu Forge Industries Limited has received a regulatory disclosure from promoter Jaspalsingh Prehladsingh Chandock regarding the acquisition of additional equity shares in the company. The disclosure, filed under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011 and Prohibition of Insider Trading Regulations 2015, details a strategic share purchase that reinforces promoter commitment to the company.

Transaction Details

The acquisition involved 10,000 equity shares of face value ₹10.00 each, executed through an open market transaction on December 26, 2025. The following table summarizes the key transaction parameters:

Parameter: Details
Shares Acquired: 10,000 equity shares
Face Value: ₹10.00 per share
Transaction Mode: Open Market
Transaction Date: December 26, 2025
Percentage of Total Capital: 0.009%

Shareholding Analysis

The acquisition has resulted in a marginal increase in the promoter's shareholding percentage. The detailed shareholding comparison shows:

Holding Period: Number of Shares Percentage of Total Share Capital Percentage of Diluted Capital
Before Acquisition: 6,04,40,024 53.02% 49.79%
After Acquisition: 6,04,50,024 53.03% 49.79%
Change: +10,000 +0.009% +0.008%

Company Capital Structure

The disclosure provides comprehensive details about the company's capital structure before and after the transaction:

  • Equity Share Capital Before Transaction: 1,39,91,900 equity shares of ₹10.00 each
  • Equity Share Capital After Transaction: 11,39,91,900 equity shares of ₹10.00 each
  • Total Diluted Share Capital: 12,13,91,900 equity shares of ₹10.00 each

The diluted share capital calculation assumes full conversion of outstanding convertible securities and warrants into equity shares, providing investors with a complete picture of potential shareholding dilution.

Regulatory Compliance

Chandock has fulfilled all regulatory requirements by submitting the mandatory disclosure to both stock exchanges where the company is listed - NSE (trading symbol: BALUFORGE) and BSE (scrip code: 531112). The disclosure ensures transparency in promoter transactions and maintains compliance with securities market regulations.

This open market acquisition demonstrates continued promoter confidence in the company's prospects while maintaining regulatory transparency through proper disclosure mechanisms.

Historical Stock Returns for Balu Forge Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.27%-2.65%-1.67%-7.18%-19.97%+121.72%
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Balu Forge Industries Launches Automated Defense Production Line in Belgaum

1 min read     Updated on 10 Dec 2025, 11:04 AM
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Reviewed by
Radhika SScanX News Team
Overview

Balu Forge Industries has introduced a fully Indian-made automated production line in Belgaum featuring Fanuc robotics technology with nearly total automation. The facility has an annual production capacity of 360,000 shells and directly supports the Atmanirbhar Bharat Defence initiative, positioning the company as a leader in India's defense manufacturing sector.

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*this image is generated using AI for illustrative purposes only.

Balu Forge Industries has taken a significant step in advancing India's defense manufacturing capabilities by launching a fully automated production line in Belgaum. This move aligns with the government's Atmanirbhar Bharat Defence program, showcasing the company's commitment to indigenous production and technological advancement.

Production Facility Overview

The new production line represents a major leap in defense manufacturing automation for India. By implementing Fanuc robotics technology, Balu Forge Industries has established a highly efficient and precise manufacturing process with nearly total automation.

Parameter: Details
Location: Belgaum
Annual Production Capacity: 360,000 shells
Technology: Fanuc robotics
Automation Level: Nearly total automation
Manufacturing Type: Fully Indian-made

Strategic Impact on Defense Manufacturing

This initiative by Balu Forge Industries marks a crucial development in India's defense sector. The fully Indian-made automated line reduces dependency on foreign technology and directly supports the 'Make in India' initiative. The use of Fanuc robotics showcases the adoption of cutting-edge technology in Indian defense manufacturing, enhancing production speed, precision, and overall efficiency.

Atmanirbhar Bharat Defence Enhancement

The automated production line directly contributes to India's goal of self-reliance in defense production under the Atmanirbhar Bharat Defence initiative. This development positions Balu Forge Industries as a leader in automated defense production while potentially driving similar developments across the defense manufacturing sector.

Industry Implications

The introduction of this automated production line could have far-reaching effects on the Indian defense manufacturing landscape. Success of this initiative might lead to expansion opportunities and increased demand for skilled workers in high-tech manufacturing. This development represents a significant stride towards modernizing India's defense manufacturing capabilities and strengthening the country's indigenous production ecosystem.

Historical Stock Returns for Balu Forge Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.27%-2.65%-1.67%-7.18%-19.97%+121.72%
Balu Forge Industries
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