Balu Forge | Forging Ahead with Defense and Aerospace Ambitions Amid Capital Efficiency Concerns |

Old transaction. Price was decided when warrants were issued. Now they are getting converted to equity shares.

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Now we know why stock price was getting beaten down

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Sometimes before, article was published claiming issues on turnover to net gross block ratio, like how at 190cr NGB they do 1050cr business with 28% OPMs, i mean that’s really fantastic, if everything was real then😂

Income tax people just came to check this same thing…i guess

Disc. No position

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Why hasn’t the company released a press release/conference regarding the IT raids?
No new disclosure filings till now.

Balu Forge.pdf (6.8 MB)

Now they have.