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Balu Forge Industries Ltd
43B, Kakati Industrial Area, Kakati
Phone: +91 2226839916p:+91 2226839916 BELGAUM, 591113  India Ticker: 531112531112
Business Summary
Balu Forge Industries Limited is an India-based manufacturer and supplier of precision engineered products, crankshafts and forging components which find application across a wide range of end user industries. The Company's product categories include crankshafts; railway wheels; under carriage; transmission and clutches; chassis; oil, gas and flow control; hydraulic motors; brake parts; hooks; towing accessories; turbine blades, and new generation vehicles. Its under carriage products include track shoe, track link, track roller, carries roller, sprocket, track chain and idler. The Company's hydraulic motor products include rotor, track, body and piston brakes. The Company serves various industries, such as agriculture, heavy duty, generators, oil and gas, refrigeration, high performance, locomotive, marine, aerospace, defense and railways. Its subsidiaries include Naya Energy Works Private Limited, Safa Otomotiv FZ and Balu Advanced Technologies & Systems Private Limited.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20233/31/2023Yes----

Industries
SIC Code Description
3462 Iron and steel forgings
3714 Motor vehicle parts and accessories

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, Managing Director JaspalsinghChandock 57 11/19/2020 11/19/2020
Chief Financial Officer AmitTodkari 5/10/2023 5/10/2023
Compliance Officer, Company Secretary TabassumBegum 6/10/2023 6/10/2023
5 additional Officers and Directors records available in full report.

General Information
Number of Employees: 700 (As of 3/31/2023)
Outstanding Shares: 102,591,900 (As of 10/6/2023)
Shareholders: 7,806
Stock Exchange: BOM


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Friday, April 19, 2024