Forge Auto International MD, chairman, board of directors and AGM

NSE: FORGEAUTOAuto Components

₹96.00₹5.00 (4.95%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹101.00.

52-week range of traded prices to 23 Oct 2026

₹68.45Low, 30 Mar 2026₹141.00High, 23 Oct 2025

Market cap: ₹105 Cr
P/E: 8.5
P/B: 1.5
Dividend yield: Nonein the last 12 months
ROE: 19.3%
Debt to equity: 1.03
Volume, NSE: 10,80066.7% delivered

Forge Auto International board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Statutory auditor

Named in the results for the quarter to Mar 2026.

Jasminder Singh and AssociatesPeer-review certificate valid to Mar 2027

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Forge Auto International AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Forge Auto International share news and announcements

Annual general meeting, 21 Sep 2026

544 shareholders on the register on 15 Sep 2026; present: 6 promoters and 1 others; votes counted by HARSH GOYAL / HARSH GOYAL AND ASSOCIATES.The company's voting result (opens in a new tab)

Adoption of Audited Standalone and Consolidated Financial Statements of the Company together with the reports of Board of Directors and Auditors for the year ended 31st March, 2026.
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
Appointment of Mr. Rajan Mittal (DIN: 10118277), Managing Director who retires by rotation and being eligible, seeks re-appointment
OrdinaryPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
Ratification of remuneration of Cost Auditor for Financial year 2026-27
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
Re-appointment of Mr. Rajan Mittal as Managing Director of the Company on revised terms and conditions
OrdinaryPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%
Re-appointment of Mr. Parmod Gupta as Chairman & Whole time Director of the Company on revised terms and conditions
SpecialPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 100.00% · promoters 100.00% · institutions 0.00% · other public 100.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Dealings with its subsidiaries, promoters, directors and their firms, reported every half-year.Promoters and their stake

Half-year to Mar 2026: ₹44.3 Cr23 dealings
Half-year to Sep 2025: ₹49.3 Cr22 dealings
Half-year to Mar 2025: ₹38.3 Cr9 dealings

Between	Dealing
Forge Auto International Limited and Forge Mach Auto Private LimitedWholly Owned Subsidiary	Sale of goods or services	24.30	24.30	6.69	1.50
Forge Auto International Limited and Forge Mach Auto Private LimitedWholly Owned Subsidiary	Any other transactionLoan Converted into USL	17.35	17.35	17.00	0.00
Forge Auto International Limited and Forge Mach Auto Private LimitedWholly Owned Subsidiary	Purchase of goods or services	1.19	1.19	1.14	2.31
Forge Auto International Limited and Kamika InternationalRelated Entity	Advance	0.35	0.35	0.00	0.35
Forge Auto International Limited and Rajan MittalPromoter	Remuneration	0.30	0.30	0.00	0.00
Forge Auto International Limited and Parmod GuptaPromoter	Remuneration	0.30	0.30	0.00	0.00
Forge Auto International Limited and Rekha MittalPromoter Relative	Remuneration	0.09	0.09	0.00	0.00
Forge Auto International Limited and Forge Mach Auto Private LimitedWholly Owned Subsidiary	Any other transactionRental Income	0.07	0.07	0.00	0.00
Forge Auto International Limited and Shivangi MittalPromoter Relative	Remuneration	0.06	0.06	0.00	0.00
Forge Auto International Limited and Gautam KanchanChief Financial Officer	Remuneration	0.05	0.05	0.00	0.00
Forge Auto International Limited and Forge Mach Auto Private LimitedWholly Owned Subsidiary	Purchase of fixed assets	0.04	0.04	0.00	0.00
Forge Auto International Limited and Ambika GuptaPromoter Relative	Remuneration	0.04	0.04	0.00	0.00
Forge Auto International Limited and Shikha GuptaPromoter Relative	Remuneration	0.04	0.04	0.00	0.00
Forge Auto International Limited and Nidhi GuptaPromoter Relative	Remuneration	0.04	0.04	0.00	0.00
Forge Auto International Limited and Kamika InternationalRelated Entity	Purchase of goods or services	0.03	0.03	₹66,000	₹34,000
Forge Auto International Limited and Forge Mach Auto Private LimitedWholly Owned Subsidiary	Any other transactionLoan Return	0.02	0.02	0.00	0.00
Forge Auto International Limited and Medhavi SharmaCompany Secretary	Remuneration	₹96,000	₹96,000	0.00	0.00
Forge Auto International Limited and Forge Mach Auto Private LimitedWholly Owned Subsidiary	Sale of fixed assets	₹59,000	₹59,000	0.00	0.00
Forge Auto International Limited and Parmod GuptaPromoter	Interest paid	₹47,000	₹47,000	0.10	0.11
Forge Auto International Limited and Forge Mach Auto Private LimitedWholly Owned Subsidiary	Any other transactionOther Payments	₹19,000	₹20,000	0.00	0.00
Forge Auto International Limited and Rajan MittalPromoter	Interest paid	₹9,000	₹9,000	0.02	0.02
Forge Auto International Limited and Parmod GuptaPromoter	Any other transactionLoan Repaid	₹5,000	₹5,000	0.00	0.00
Forge Auto International Limited and Rajan MittalPromoter	Any other transactionLoan Repaid	₹1,000	₹1,000	0.00	0.00

The 23 largest of 23 dealings in the half-year to Mar 2026, ₹ crore.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

Received
Resolved

Open at the quarter's end

None open at any quarter's end.

The filing has a part on fines and penalties: No
The filing has a part on tax disputes: No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Mar 2025. The company's results filing for the quarter to Mar 2026 says no statement of how money raised was used applies to it.

Raised	Amount raised	For	Set aside	Spent	Spent elsewhere
Public IssuesOct 2024	31.10	To meet Working Capital requirements	19.00	18.28	No
Public IssuesOct 2024	31.10	Repayment of certain borrowing availed by our Company, in part or full	5.00	5.00	No
Public IssuesOct 2024	31.10	Issue Related expenses	2.84	2.84	No
Public IssuesOct 2024	31.10	General Corporate Purpose	4.26	3.15	No

₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.