Balu Forge Industries News

Balu Forge Signs 5-Year MoU for Defence Ammunition Supply

Balu Forge Industries enters into a 5-year MoU for supply of large caliber ammunition shells from its Belgaum facility, covering 155mm and 152mm variants with monthly volumes of 40,000 units.

Balu Forge Secures 5-Year Ammunition Supply Deal

Balu Forge Industries signs major 5-year agreement to supply 30,000 units of 155mm M107 ammunition monthly at $315 per unit, with deliveries starting April 2026.

Balu Forge Allots 16.30 Lakh Equity Shares

Balu Forge Industries completes allotment of 16.30 lakh equity shares at Rs. 360 per share through convertible warrant conversion, raising Rs. 44.01 crore from three non-promoter investors.

Balu Forge Q3 FY26: Revenue up 21.6% to Rs 3,111 Mn

Balu Forge Industries reports Q3 FY26 revenue of Rs 3,111 Mn (21.6% YoY growth) with EBITDA of Rs 845 Mn. Company operationalizes precision machining facilities and artillery shell production line.

Balu Forge Allots 10 Lakh Equity Shares on Warrant Conversion

Balu Forge Industries completes allotment of 10,00,000 equity shares at Rs. 360 per share to Ebisu Global Opportunities Fund Limited upon conversion of convertible warrants, raising Rs. 27 crores.