Shareholders meeting

Date: 07th 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 Respected Sir / Madam, Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Notice of 37th Annual General meeting of the Company In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the 37th Annual General Meeting (AGM) for the financial year 2025-26 of the Members of the Company scheduled to be held on Wednesday, September 30, 2026, at 12:30 p.m. (IST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). We are submitting herewith Notice of 'AGM' of the Company along with explanatory statement, which is being dispatched to the Members as on 07th September, 2026. The Company has provided the facility to vote by electronic means (remote e-voting as well as e- voting at the AGM) on the resolution as set out in the AGM Notice. The e-voting shall commence on Saturday, 26th September, 2026, at 9:00 a.m. (IST) and shall end on Tuesday, 29th September, 2026 at 5:00 p.m. (IST). The copy of the said AGM Notice is also uploaded on the website of the Company i.e. https://www.baluindustries.com/. Kindly take the same on your record. Thanking You, Yours Truly, For Balu Forge Industries Limited Jaspalsingh Chandock Managing Director DIN 00813218 Encl: As above Notice NOTICE NOTICE IS HEREBY GIVEN THAT THE 37TH ANNUAL Jaspalsingh Chandock (DIN: 02853445), who retires GENERAL MEETING (“AGM”) OF THE MEMBERS OF BALU by rotation as a Director at this AGM, be and is hereby FORGE INDUSTRIES LIMITED (“THE COMPANY”) WILL BE re-appointed as a Director of the Company, liable to HELD ON WEDNESDAY, 30TH SEPTEMBER, 2026, AT 12:30 retire by rotation.” P.M. (IST) THROUGH VIDEO CONFERENCING (“VC”) OR OTHER AUDIO-VISUAL MEANS (“OAVM”) TO TRANSACT THE SPECIAL BUSINESS: FOLLOWING BUSINESS: 4. Ratification of Remuneration of Cost Auditors of the Company: ORDINARY BUSINESS: To consider and, if thought fit, to pass, with or without 1. To receive, consider and adopt: modification(s), the following resolution as an a. the Audited Standalone Financial Statements of the Ordinary Resolution: Company for the Financial Year ended 31st March, “RESOLVED THAT pursuant to the provisions of Section 2026 together with the Reports of the Board of 148 and other applicable provisions of the Companies Directors and the Auditors thereon; and Act, 2013 and the Companies (Audit and Auditors) Rules, b. the Audited Consolidated Financial Statements 2014, and other applicable rules, (including any statutory of the Company for the Financial Year ended 31st modification(s), amendments(s) or re-enactment(s) March, 2026 together with the Reports of the thereof, for the time being in force), the remuneration Auditors thereon. payable to M/s. S K Agarwal & Associates, Cost and Management Consultants, (Firm Registration No.: 100322), 2. Declaration of dividend for the Financial Year ended who were appointed by the Board of Directors as the Cost 31st March, 2026. Auditors of the Company, based on the recommendation To declare a Final Dividend at the rate of 1.5% i.e. H 0.15 per of the Audit Committee, to audit the cost records of the equity share of face value H 10/- (Rupees Ten Only) each Company for the financial year ending 31st March, 2027, fully paid-up for the Financial Year ended 31st March, 2026. amounting to H 3,50,000/- (Rupees Three Lakh Fifty Thousand Only) plus applicable taxes and reimbursement 3. Retirement by Rotation: of out-of-pocket expenses at actuals, if any, incurred To re-appoint Mr. Trimaan Jaspalsingh Chandock (DIN: in connection with the audit, be and is hereby ratified 02853445), who retires by rotation as a Director and and confirmed.” being eligible, offers himself for re-appointment: “RESOLVED FURTHER THAT approval of the Company To consider and, if thought fit, to pass, with or without be accorded to the Board of Directors of the Company, modification(s), the following resolution as an (including its committees thereof), to do all such acts, Ordinary Resolution: deeds, matters and things and to take all such steps as may be required in this connection, including seeking all “RESOLVED THAT pursuant to the provisions of Section necessary approvals to give effect to this Resolution and 152 and other applicable provisions of the Companies to settle any questions, difficulties or doubts that may Act, 2013 (including any statutory modification(s) or re- arise in this regard.” enactment(s) thereof, for the time being in force) and the Articles of Association of the Company, Mr. Trimaan By Order of the Board For Balu Forge Industries Limited Sd/- Jaspalsingh Chandock Place: Mumbai Managing Director Date: September 07, 2026 DIN No.: 00813218 Registered Office: 506, 5th Floor, Imperial palace, 45 Telly Park Road, Andheri (East), Mumbai, 400069, Maharashtra, India Annual Report 2025-26 217 NOTES 1. The Explanatory Statement pursuant to Section 102 join the AGM anytime 30 minutes before the scheduled of the Companies Act, 2013 (“Act”) setting out material time by following the procedure outlined in the Notice. A facts concerning the business under Item No. 4 of the person who is a Member as on the Cut-off date shall be accompanying Notice, is annexed hereto and forms part eligible to attend and vote on resolutions proposed at the of this Notice. AGM. Any person who is not a Member as on the Cut-off date shall treat this Notice for informational purpose only. 2. Statement giving details of the Director seeking appointment/re-appointment is annexed with this Notice 6. Attendance through VC/OAVM is restricted and hence, pursuant to the requirement of Regulation 36(3) of the Members shall be eligible to join the meeting on first SEBI (Listing Obligations and Disclosure Requirements) come-first-serve basis. However, attendance of Members Regulations, 2015 (“SEBI Listing Regulations”) and holding more than 2% of the paid-up equity share Secretarial Standards on General Meetings (‘SS-2’) issued capital, Institutional investors, Directors, Key Managerial by the Institute of Company Secretaries of India. Personnel, and Auditors will not be restricted on first- come-first serve basis. 3. Ministry of Corporate Affairs (“MCA”) vide its General Circular No. 03/2025 dated 22nd September 2025 read with 7. Appointment of Proxy and Attendance Slip: circulars issued earlier on the subject (“MCA Circulars”) Since the 37th AGM is being held through VC/OAVM in and the Securities Exchange Board of India (“SEBI”) vide accordance with the MCA Circulars, physical attendance of its Circular(s) dated 12th May 2020, 15th January 2021, Members has been dispensed with. Accordingly, the facility 13th May 2022, 5th January 2023, 7th October 2023 and 3rd of appointment of proxy would not be available to the October 2024 (“SEBI Circulars”), have permitted to conduct Members for attending the 37th AGM, and therefore, proxy the AGM virtually, without physical presence of Members form and attendance slip are not annexed to this Notice. at a common venue. However, in pursuance of Section 113 of the Companies Act, In compliance with the MCA Circulars and SEBI Circulars, 2013, the Body Corporate member/ institutional members the provisions of the Act and the SEBI Listing Regulations, are entitled to appoint authorised representatives to the 37th AGM of the Company is being held through VC/ attend the AGM through VC/ OAVM and participate and OAVM on Wednesday, 30th September, 2026 at 12:30 p.m. cast their votes through e-voting. Accordingly, Institutional (IST). The proceedings of the AGM will be conducted at the /Corporate Members are requested to send a scanned [Showing first 8,000 characters — download PDF for full document]