General Updates

Date: 03rd September, 2026 To, To, Department of Corporate Services, Listing Department, BSE Limited, National Stock Exchange of India Limited, P J Towers, Dalal Street, “Exchange Plaza”, C-1, Block-G, Mumbai- 400 001. Bandra Kurla Complex, Bandra (E), BSE: Scrip Code: 531112 Mumbai- 400 051. NSE Trading Symbol: BALUFORGE Subject: Press Release – Balu Forge announces acquisition of Ring Rolling Production Line Dear Sir / Madam, Please find enclosed the Press Release regarding acquisition of a state-of-the-art ring rolling production line capable of producing forged rings up to 6.7 meters in Outer Diameter (OD). The details of the same are furnished in the attached Press Release. The above information will also be made available on the website of the Company at www.baluindustries.com. Kindly take the above information on your records. For Balu Forge Industries Limited Jaspalsingh Chandock Managing Director DIN: 00813218 Encl: As above Press Release Balu Forge Industries Acquires One of India’s Largest Ring Rolling Production Lines • Advanced ring rolling to boost domestic manufacturing. • To serve high-growth sectors including defence, aerospace, wind energy, nuclear power, oil and gas, mining, heavy engineering and marine. Mumbai, Thursday, September 3rd, 2026 — Balu Forge Industries Ltd, a leading force in heavy engineering and precision machining, has announced the successful acquisition of a state-of-the-art ring rolling production line capable of producing forged rings up to 6.7 meters in Outer Diameter (OD). With this acquisition, Balu Forge Industries Ltd becomes one of the largest ring rolling facilities in India, significantly expanding the nation's domestic heavy manufacturing capabilities. This strategic acquisition represents a paradigm shift for Balu Forge Industries Ltd and the Indian manufacturing ecosystem. By commissioning machinery of this unprecedented scale, the company is perfectly positioned to meet the escalating demands of next-generation infrastructure, heavy industry, and advanced technology sectors. Balu Forge Industries Ltd is now better positioned to drastically reducing the reliance on imported ultra-large forged & precision machined parts. The ring rolling production line will commence the production trial before the end of 2026. Trimaan Chandock, Executive Director, Balu Forge Industries Ltd said, "This is a landmark moment not just for Balu Forge Industries Ltd, but for the Indian manufacturing sector as a whole. Bringing one of the largest ring rolling machines in the country empowers us to forge components of staggering scale and complexity. We are unlocking new frontiers in renewable energy, defence, and heavy industries, proving that world-class, ultra-large-scale manufacturing is thriving right here in India." The ring rolling production line is equipped with maximum outer diameter of up to 6.7 metres and maximum ring weight of up to 18,000 Kgs (18 metric tons) per product. This acquisition adds 18,000 tons of specialized heavy ring rolling capacity with a high-value-addition product line. The sheer scale and precision of this new equipment unlock unprecedented opportunities across a diverse range of critical industries. With the capacity to forge seamless rings weighing up to 18,000 kgs, Balu Forge Industries Ltd will now supply foundational components for diverse sectors. • Wind energy sector: Ring rolling production line will manufacture mega-scale tower flanges, yaw rings, pitch bearings, and slewing rings crucial for highly efficient, next-generation onshore and offshore wind turbines. • Aerospace and defence domain: It will forge high-integrity structural rings, rocket motor casings, engine components, and missile silos that demand flawless metallurgical properties. This includes specialized turbine engine components such as seamless rings for jet engine casings, compressor drums, and turbine shrouds. Additionally, it encompasses high-precision outer and inner bearing rings utilized in aerospace actuation and drivetrain systems. • Space Launch vehicle structures: It will produce high-strength structural rings, adapter flanges, and rocket motor casing segments. • Nuclear and power generation sector: It will produce seamless retaining rings, large generator components, and pressure vessel rings that meet the stringent safety standards of modern power plants. Press Release • Oil and gas sector: It will deliver robust subsea connectors, blowout preventers (BOPs), large industrial valves, and pipeline flanges built to withstand extreme deep-sea pressures. • Heavy machinery, mining and marine sector: It will supply massive gear blanks, bearing races, excavator slewing rings, and marine propulsion shaft components for the world's most demanding environments. • Heavy Railway & Mining Transporters: Manufacturing for Custom heavy-haul railway machinery, massive cranes, and specialized industrial tunnel-boring rail systems which require oversized rolled components and wheels. Photos are for representative purpose only. Balu Forge Industries Limited Registered Office: 506, 5th Floor, Imperial Palace,45 Telly Park Road, Andheri (East), Mumbai 400069 Press Release For further information please contact: Tabassum Begum compliance@baluindustries.com +91 86550 75578 About Balu Forge Industries: Balu Forge Industries Limited, founded by Mr. Prehlad Singh Chandock, is a leading Indian precision engineering company delivering forged and machined components across multiple global industries. The company offers a comprehensive product portfolio ranging from 1 kg to 1,500 kg and up to 3 meters in length, supporting diverse applications in automotive, industrial vehicles, earthmoving equipment, wind energy, aerospace, defence, oil and gas, railways, marine, and agriculture. Its operations include fully integrated forging and machining capabilities, with advanced manufacturing facilities in Belgaum, Karnataka, spread over a 46+ acre campus. Equipped with high- capacity hydraulic hammers and forging presses, and supported by a dedicated in-house tool room, metallurgical labs, and CNC machining units, Balu Forge ensures consistent precision and quality. The company’s strategy is driven by innovation, with a specialized R&D division focusing on new materials and rapid prototyping. Strategic initiatives emphasize expanding defence production, enhancing automation, and strengthening global partnerships. With a strong focus on operational scalability, customer diversification, and ESG commitments, Balu Forge continues to strengthen its global footprint and industry positioning. For more details, please visit: https://www.baluindustries.com/ Disclaimer: This investor release is not an offer to sell any securities or a solicitation to buy any securities of Balu Forge Industries Limited (the "company") or its subsidiaries (together with the company, the "group"). Certain statements in this document may be forward looking statements. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms "believes", " estimates"," anticipates", " projects", " expects", " intends", " may", " will"," or " or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, aims, objectives, goals, future events or intention. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local political or economic developments, technological risks, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. Forward looking statements are not guarantees of future performance including those relating to general business plans and strategy of the Company, its future outlook and growth prospects, and future developments in its businesses and its competitive and regulatory environment. No representation, warranty or undertaking, [Showing first 8,000 characters — download PDF for full document]