Munish Forge Limited submitted a non-applicability declaration for Corporate Governance provisions for the quarter ended September 30, 2026. The company is exempt as it is listed on the NSE EMERGE SME platform.
Munish Forge is selling its subsidiary, Munish Defence Solutions, to promoter Davinder Bhasin for Rs. 0.15 Crore. The entity will cease to be a subsidiary upon completion.
Brickwork Ratings reaffirmed Munish Forge's long-term BWR BBB- rating, revising outlook from Stable to Negative. The short-term BWR A3 rating was also reaffirmed.
Munish Forge Limited conducted its 40th Annual General Meeting on September 30, 2026. Shareholders approved financial statements, auditor appointments, and limits for loans and investments.
Munish Forge Limited has fixed September 23, 2026, as the cut-off date to determine shareholders eligible to cast votes electronically for the upcoming AGM.
Munish Forge Limited announced the resignation of its Internal Auditor, Mr. Sunil Kumar, effective August 28, 2026. This represents a change in the company's internal audit management.
Munish Forge Ltd secured an order from Integral Coach Factory to supply Axle Box Housing valued at Rs. 0.63 Crore. The contract execution ends September 2027.
Munish Forge secured a Rs. 7.98 Crore order from Armoured Vehicles Nigam Limited. The contract for supplying tracks strengthens its defence sector presence.
Value
₹7.98 Cr
Execution
accordance with the terms and conditions specified therein
Munish Forge submitted a clarification and revised financial results for FY26. Corrections address XBRL vs PDF mismatches and missing SEBI-prescribed balancing figure notes.
Munish Forge Limited will incorporate a new subsidiary, Munish Defence Solutions Limited, with a 74% stake. The Rs.0.15 Crore investment marks its entry into the defense sector.
Munish Forge secured three new orders totaling ₹50.77 Crore from domestic defense entities and an American export client. These contracts strengthen its position in the defense manufacturing sector.
Munish Forge Limited appointed new Secretarial, Internal, and Cost auditors for upcoming financial years. These appointments ensure regulatory compliance and strengthen the company's internal governance framework.
Execution
FY 2025-26 to FY 2029-30 (Secretarial); FY 2026-27 (Internal/Cost)
Munish Forge Limited approved the appointment of new Secretarial, Cost, and Internal auditors during its board meeting. These appointments ensure regulatory compliance and robust internal controls.
Munish Forge Limited reported audited consolidated revenue of ₹182.64 Crore for FY2026. The Board also approved the appointment of secretarial, internal, and cost auditors.
Munish Forge confirms non-applicability of Annual Secretarial Compliance Report requirements for the financial year 2026. This exemption applies due to its NSE EMERGE SME listing.
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