Balu Forge Industries Limited — Others, 03-06-2025: Disclosure under SEBI Takeover Regulations

Balu Forge Industries has announced a transfer of 30 lakh equity shares (2.63% stake) within the promoter group by way of gift. Mr. Jaspalsingh Prehladsingh Chandock's holding will increase from 50.39% to 53.02%, while the overall promoter stake remains unchanged. This internal reallocation strengthens shareholding consolidation through family restructuring without any cash transaction, signaling tighter control within the promoter group.