Back
Corporate News
Balu Forge reported no deviation in proceeds use after raising Rs 14,580 lakh
14-Aug-2026, 04:51
Balu Forge Industries Limited reported no deviation or variation in the use of proceeds raised through preferential issues for the quarter ended June 30, 2026, according to a filing with the BSE Limited and National Stock Exchange of India Limited on August 14, 2026. The company raised Rs 4401.00 lakh on February 25, 2026, Rs 5562.00 lakh on March 6, 2026, and Rs 4617.00 lakh on March 9, 2026, with Infomerics Valuation and Rating Pvt. Ltd. serving as the monitoring agency.
Balu Forge Industries Limited reported no deviation or variation in the use of proceeds raised through preferential issues for the quarter ended June 30, 2026, according to a filing with the BSE Limited and National Stock Exchange of India Limited on August 14, 2026. The company raised Rs 4401.00 lakh on February 25, 2026, Rs 5562.00 lakh on March 6, 2026, and Rs 4617.00 lakh on March 9, 2026, with Infomerics Valuation and Rating Pvt. Ltd. serving as the monitoring agency.