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Balu Forge Industries informs about monitoring agency report

22 Oct 2024 Evaluate

Pursuant to Regulation 32(6) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Balu Forge Industries has informed that it enclosed the Monitoring Agency Report for the Quarter ended 30th September, 2024, issued by Infomerics Valuation and Rating appointed in respect of utilization of proceeds of the Preferential Issue of the Company, duly reviewed by the Audit Committee Meeting and the Board Meeting of the Company held on October 21, 2024.

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

Peers
Company Name CMP
Bharat Forge 2012.00
Ramkrishna Forgings 718.00
MM Forgings 620.45
Happy Forgings 2108.65
Balu Forge Inds. 500.85
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