🛡️ Successfully commercialised and received its first purchase order from an Indian ammunition player for 155mm ERFB BB/BT shells. 📦 Initial pilot supply of 10,000 units, following which monthly supplies at mutually agreed quantities will commence. 🎯 ERFB BB shells can extend the range of 155mm artillery to around 48 km, compared with ~38 km for systems such as the 45-calibre Dhanush. ⚙️ Order validates Balu Forge’s advanced forging & machining capabilities and strengthens its position in the defence supply chain. 🏭 Company has already commercialised standard 152mm & 155mm M107 projectiles at its automated Belgaum facility and is now moving toward more sophisticated long-range ammunition. 🌍 Management sees potential from both Indian defence requirements and global markets, as the shells meet standard NATO specifications and are compatible with key artillery platforms. 🟢 Impact: Positive — First order followed by recurring monthly supplies opens a new defence revenue stream and supports Balu Forge’s strategy of moving into higher-value, technologically advanced products.

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