The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jaspalsingh Prehladsingh Chandock
BALUFORGE · price
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Jaspalsingh Prehladsingh Chandock, a promoter of Balu Forge Industries Ltd, acquired 10,000 equity shares (face value Rs. 10 each) via the open market on 26 December 2025. The acquisition represents 0.009% of the company's total paid-up equity share capital. Following this purchase, the promoter's total holding rose from 6,04,40,024 shares (53.02%) to 6,04,50,024 shares (53.03%) of the company. The disclosure is filed under SEBI's SAST Regulations and Prohibition of Insider Trading Regulations to maintain regulatory compliance.
This is a very small open-market purchase by the promoter that signals continued confidence in the company but is too minor (0.009%) to materially affect shareholding structure or stock price. Retail investors should note promoter holding remains steady above 53%.