Balu Forge Industries Limited has announced the conclusion of a search conducted by the Income Tax Department under the Income Tax Act, 1961. The search, which began on January 07, 2026, at some of the company's offices and manufacturing units, concluded on January 13, 2026.

The company, its promoters, and Key Managerial Personnel (KMP) fully cooperated with the Income Tax officials, providing all requested documents, clarifications, and details. The company stated that no incriminating documents were found or seized during the operation.

Balu Forge Industries Limited has emphasized that its business operations and production were not impacted by the search and that there is no material adverse impact on the company's financial position. The company reiterated its commitment to ethical conduct, legal compliance, transparency, and the due process of law, and will continue to provide further required information.