BALUFORGEBSEBalu Forge Industries LtdMinimalNeutral
Announced Thu, 28 May · 14:48 IST

Submission of Postal Ballot Notice pursuant to Regulation 30 and 47 of the SEBI (LODR) Regulations, 2015, published in newspapers.

BALUFORGE · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-10.4%1-day move
₹502.00
prior close
₹504.35
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.9-2.7-3.6-3.7-10.4-6.9-3.9-5.4-4.6-10.3-10.4-9.4
Up moveDown movePending
AI summary

Balu Forge Industries has dispatched a Postal Ballot Notice to shareholders seeking approval for re-appointing two Independent Directors. The first resolution is for Mr. Radhey Shyam Soni (DIN: 07962657) for a term of two years, and the second is for Mrs. Shalu Laxmanraj Bhandari (DIN: 00012556) for a term of two years. The voting period runs from May 28, 2026 to June 26, 2026, exclusively through electronic mode via NSDL. The results will be declared by June 30, 2026. This is a routine corporate governance matter requiring shareholder approval as per SEBI LODR Regulations.

Likely market impact

Re-appointment of existing independent directors maintains board continuity and compliance with Listing Regulations. Shareholders should expect routine continuation of current board oversight without significant impact on stock valuation.