Balu Forge incorporates WOS - Balu Advanced Technologies & Systems

Balu Forge incorporates WOS - Balu Advanced Technologies & Systems

Jul 16, 2021 02:07 IST capital market

Balu Forge Industries has formed a new wholly owned subsidiary company namely Balu Advanced Technologies & Systems.

The object of this subsidiary is to design, develop, assemble, produce, manufacture, fabricate, modify, repair, service, sell, buy, import, export and to act as stockiest, distributor, license, licensor and otherwise deal in all kinds, shapes, sizes, capacities, varieties and specifications of arms and ammunition, including revolver, pistols, gums, machine guns , rifles, artillery weapons, automatic and semi-automatic weapons, bullets and other ammunition used for defense, internal security and personal security and to do all such incidental acts and things as may be necessary for the attainment of aforesaid objects etc as elaborated in the main object of MOA the company.

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