Bharat Forge Limited shareholders have approved a special resolution to issue securities worth up to ₹25,000 million (₹2,500 crore) through a postal ballot conducted via remote e-voting.
The e-voting process was held from August 13 to September 11, 2026, with the results declared on September 11.
The resolution received overwhelming shareholder support, with 99.7986% of votes cast in favour and 0.2014% against.
Category-Wise Voting Results
- Promoter and Promoter Group: 100% votes in favour
- Public Institutions: 99.5927% votes in favour
- Public Non-Institutions: 99.0663% votes in favour
A total of 407,057,957 valid votes were cast during the voting process.
M/s SVD & Associates, Company Secretaries, was appointed as the Scrutinizer for the postal ballot. The detailed voting results and the Scrutinizer’s Report have been submitted to the stock exchanges and are available on the company’s website, as well as the websites of BSE, NSE and NSDL.
The approval clears the shareholder-level requirement for the proposed securities issuance, subject to applicable regulatory and other requirements.
