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Corporate News

Balu Forge Industries shareholders approved foreign currency convertible bonds and borrowing limits
04-Sep-2026, 04:40

Balu Forge Industries Limited held its 01st/2026-27 Extra Ordinary General Meeting on Friday, September 4, 2026, where shareholders approved raising of funds by issuance of Foreign Currency Convertible Bonds and approved the overall borrowing limits under section 180(1)(c) of the Companies Act, 2013, as well as authorized the Board of Directors under section 180 (1) (a) of the Companies Act, 2013 to create charges on movable and immovable properties.