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

Balu Forge Industries has announced a board meeting on the financial results for the quarter and half-year. Promoter Jaspalsingh Prehladsingh Chandock will receive 30 lakh equity shares (2.63% stake) as a gift from promoter group relatives, raising his individual holding from 50.39% to 53.02%. This internal transfer restructures promoter shareholding without affecting overall promoter control or the company’s share capital, streamlining the ownership among key stakeholders.