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Balu Forge Industries informs about incorporation of new wholly owned subsidiary

16 Jul 2021 Evaluate

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, as amended from time to time, Balu Forge Industries has informed that the Company has formed a new wholly owned subsidiary company namely, Balu Advanced Technologies & Systems. The company has enclosed the information pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI Circular number CIR/CFD/CMD/4/2015 dated 9th September, 2015 as Annexure-A.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Bharat Forge 1837.20
Ramkrishna Forgings 696.80
MM Forgings 538.65
Happy Forgings 1916.00
Balu Forge Inds. 487.10
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