Shareholders meeting

Date: 3rd October, 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: Announcement of Voting Results of 37th Annual General Meeting of the Company pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements), 2015, please find enclosed herewith the details of voting results of the Meeting and the Scrutinizer’s Report thereon dated 1st October, 2026 with respect to the 37th AGM of the Company held on September 30, 2026. All the Resolutions set forth in the Notice of the 37th AGM has been approved by Members with requisite majority. The Results of the Annual General Meeting along with the Scrutinizer’s Report is also being placed on the Company’s Website at https://baluindustries.com/shareholder-information We request you to take the same on record. For Balu Forge Industries Limited Jaspalsingh Chandock Managing Director DIN 00813218 Enclosure: a/a VOTING RESULT Date of AGM: 30th September, 2026 Record date: 23rd September, 2026 Total number of shareholders on record date: 82,598 No. of Shareholders present in the meeting either in person or through proxy: Not Applicable Promoter and Promoter Group Public No. of Shareholders attended the meeting through Video Conferencing: 82 Promoter and Promoter Group 3 Public 79 No. of Resolution passed in the meeting: 4 Resolution (1) Resolution required: (Ordinary / Special) Ordinary Whether promoter/promoter group are No interested in the agenda/resolution? Description of resolution considered "To receive, consider and adopt: a. the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2026 together with the Reports of the Board of Directors and the Auditors thereon; and b. the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2026 together with the Reports of the Auditors thereon" Category Mode of No. of No. of % of Votes No. of No. of % of votes in % of Votes voting shares votes polled on votes – votes favour on against on held polled outstanding in – votes polled votes polled shares favour agains (1) (2) (3)=[(2)/(1)]*10 (4) (5) (6)=[(4)/(2)]*10 (7)=[(5)/(2)]*10 0 0 0 Promoter E-Voting 65545074 6554507 100.0000 6554507 0 100.0000 0 and 4 4 Promoter Group Poll 0 0 0 0 0 0 Postal 0 0 0 0 0 0 Ballot (if applicable Total 65545074 6554507 100.0000 6554507 0 100.0000 0 Public- E-Voting 11992711 378002 3.1519 378002 0 100.0000 0 Institution s Poll 0 0 0 0 0 0 Postal 0 0 0 0 0 0 Ballot (if applicable Total 11992711 378002 3.1519 378002 0 100.0000 0 Public- E-Voting 43854115 2165570 4.9381 2165557 13 99.9994 0.0006 Institution Poll 0 0 0 0 0 0 Postal 0 0 0 0 0 0 Ballot (if applicable Total 43854115 2165570 4.9381 2165557 13 99.9994 0.0006 Total Total 12139190 6808864 56.0899 6808863 13 100.0000 0.0000 0 6 3 Whether resolution is Pass or Not. Yes Resolution (2) Resolution required: (Ordinary / Special) Ordinary Whether promoter/promoter group are No interested in the agenda/resolution? Description of resolution considered Declaration of Final Dividend at the rate of 1.5% i.e. 0.15 per equity share of Rs. 10/- each fully paid-up for the Financial Year ended March 31, 2026 Category Mode of No. of No. of % of Votes No. of No. of % of votes in % of Votes voting shares votes polled on votes – votes favour on against on held polled outstanding in – votes polled votes polled shares favour agains (1) (2) (3)=[(2)/(1)]*10 (4) (5) (6)=[(4)/(2)]*10 (7)=[(5)/(2)]*10 0 0 0 Promoter E-Voting 65545074 6554507 100.0000 6554507 0 100.0000 0 and 4 4 Promoter Group Poll 0 0 0 0 0 0 Postal 0 0 0 0 0 0 Ballot (if applicable Total 65545074 6554507 100.0000 6554507 0 100.0000 0 Public- E-Voting 11992711 378002 3.1519 378002 0 100.0000 0 Institution s Poll 0 0 0 0 0 0 Postal 0 0 0 0 0 0 Ballot (if applicable Total 11992711 378002 3.1519 378002 0 100.0000 0 Public- E-Voting 43854115 2165570 4.9381 2165557 13 99.9994 0.0006 Institution Poll 0 0 0 0 0 0 Postal 0 0 0 0 0 0 Ballot (if applicable Total 43854115 2165570 4.9381 2165557 13 99.9994 0.0006 Total Total 12139190 6808864 56.0899 6808863 13 100.0000 0.0000 0 6 3 Whether resolution is Pass or Not. Yes Resolution (3) Resolution required: (Ordinary / Special) Ordinary Whether promoter/promoter group are Yes interested in the agenda/resolution? Description of resolution considered To re-appoint Mr. Trimaan Jaspalsingh Chandock (DIN: 02853445), who retires by rotation as a Director and being eligible, offers himself for re- appointment Category Mode of No. of No. of % of Votes No. of No. of % of votes in % of Votes voting shares votes polled on votes votes – favour on against on held polled outstanding – in agains votes polled votes polled shares favour t (1) (2) (3)=[(2)/(1)]*10 (4) (5) (6)=[(4)/(2)]*10 (7)=[(5)/(2)]*10 0 0 0 Promoter E-Voting 6554507 655450 100.0000 655450 0 100.0000 0.0000 and 4 74 74 Promoter Group Poll 0 0 0 0 0 0 Postal 0 0 0 0 0 0 Ballot (if applicable) Total 6554507 655450 100.0000 655450 0 100.0000 0.0000 4 74 74 Public- E-Voting 1199271 256680 2.1403 215741 40939 84.0506 15.9494 Institutio 1 ns Poll 0 0 0 0 0 0 Postal 0 0 0 0 0 0 Ballot (if applicable) Total 1199271 256680 2.1403 215741 40939 84.0506 15.9494 Public- E-Voting 4385411 228689 5.2148 228582 1069 99.9533 0.0467 Non 5 2 3 Institutio Poll 0 0 0 0 0 0 Postal 0 0 0 0 0 0 Ballot (if applicable) Total 4385411 228689 5.2148 228582 1069 99.9533 0.0467 5 2 3 Total Total 1213919 680886 56.0899 680466 42008 99.9383 0.0617 00 46 38 Whether resolution is Pass or Not. Yes Resolution (4) Resolution required: (Ordinary / Special) Ordinary Whether promoter/promoter group are No interested in the agenda/resolution? Description of resolution considered Ratification of Remuneration of Cost Auditors of the Company. Category Mode of No. of No. of % of Votes No. of No. of % of votes in % of Votes voting shares votes polled on votes – votes favour on against on held polled outstanding in – votes polled votes polled shares favour agains (1) (2) (3)=[(2)/(1)]*10 (4) (5) (6)=[(4)/(2)]*10 (7)=[(5)/(2)]*10 0 0 0 Promoter E-Voting 65545074 6554507 100.0000 6554507 0 100.00 0.0000 and 4 4 Promoter Group Poll 0 0 0 0 0 0 Postal 0 0 0 0 0 0 Ballot (if applicable Total 65545074 6554507 100.0000 6554507 0 100.0000 0.0000 Public- E-Voting 11992711 378002 3.1519 378002 0 100.0000 0.0000 Institution s Poll 0 0 0 0 0 0 Postal 0 0 0 0 0 0 Ballot (if applicable Total 11992711 378002 3.1519 378002 0 100.0000 0.0000 Public- E-Voting 43854115 2165570 4.9381 2165548 22 99.9990 0.0010 Institution Poll 0 0 0 0 0 0 Postal 0 0 0 0 0 0 Ballot (if applicable Total 43854115 2165570 4.9381 2165548 22 99.9990 0.0010 Total Total 12139190 6808864 56.0899 6808862 22 100.0000 0.0000 0 6 4 Whether resolution is Pass or Not. Yes Form No. MGT-13 REPORT OF SCRUTINIZER [Pursuant to section 108 of the Companies Act, 2013 and Rule 20(4) (xii) of the Companies (Management and Administration) Rules, 2014] The Chairman of the 37th Annual General Meeting (AGM) of the Equity Shareholders of Balu Forge Industries Limited held on September 30, 2026, at 12.30 PM Through Video Conferencing (VC) Or Other Audio-Visual Means (OAVM). I, Jaymin Modi, Proprietor, M/s. Jaymin Modi & Co, Company Secretaries, Mumbai, was appointed as Scrutinizer pursuant to Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 and pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the purpose of Scrutinizing the remote E-Voting process carried out at the 37th Annual General Me [Showing first 8,000 characters — download PDF for full document]