📈 Live Market Tracking
Every NSE and BSE corporate filing, read and explained by AI within minutes — impact, key figures, short/long-term view and what to watch.
Live · AI analyzer runs every 5 min (07:00–23:55 IST)
0 analysed today
FollowTelegram
0
Today
152,139
All-time analysed
43,645
Positive
6,747
Negative
92,898
Neutral
8,781
Watch
📊 Last 7 days — analysed filings by sentiment
Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
69 announcements match the current filters (relevance ≥ 5).
Bharat Forge to Restructure German Subsidiary; Approves EUR 30 Million Financing
Bharat Forge's board has approved a phased restructuring of its wholly-owned German subsidiary, Bharat Forge CDP GmbH (BF CDP). The proposal includes a potential orderly wind-down and solvent liquidation of the Ennepetal-based unit due to persistent market challenges and cost disadvantages in Germany. To facilitate this restructuring and liquidation process, the board has sanctioned a financing arrangement of up to EUR 30 million. This move is part of a broader strategy to address underperforming international assets and improve consolidated profitability.
Key Highlights
Phased restructuring of German subsidiary Bharat Forge CDP GmbH approved by the Board.
Proposal includes an orderly wind-down and solvent liquidation of the Ennepetal facility.
Financing arrangement of up to EUR 30 million approved to support the restructuring process.
Decision driven by significant market challenges and cost disadvantages in the German forging operations.
Board sub-committee delegated to oversee the evaluation and implementation of the wind-down.
👀 What to Watch
Investors should monitor the impact of the EUR 30 million cash outflow on the balance sheet and the expected improvement in consolidated margins once the loss-making German operations are ceased.
Bharat Forge Seeks Shareholder Approval for Re-appointment of Two Executive Directors
Bharat Forge has issued a postal ballot notice to re-appoint Mr. B. P. Kalyani and Mr. S. E. Tandale as Executive Directors for a five-year term from May 2026 to May 2031. The proposed remuneration for Mr. B. P. Kalyani includes a monthly fixed salary ranging from ‡29.80 lakh to ‡47.99 lakh. Additionally, the package includes a Long Term Cash Incentive (LTCI) capped at ‡1 crore per annum and variable pay up to 120% of the fixed salary. Shareholders can cast their votes via e-voting between March 24 and April 22, 2026.
Key Highlights
Re-appointment of B. P. Kalyani and S. E. Tandale for a 5-year tenure starting May 23, 2026.
Proposed monthly fixed salary for B. P. Kalyani set in the grade of ‡29,79,791 to ‡47,98,984.
Variable pay/commission capped at 120% of fixed salary based on performance parameters like PAT and cash flows.
Long Term Cash Incentive (LTCI) for the Executive Director capped at ‡10,000,000 per financial year.
E-voting period starts March 24, 2026, and ends April 22, 2026, with results by April 24, 2026.
👀 What to Watch
Investors should monitor the alignment of executive compensation with the company's long-term financial performance and participate in the e-voting process. This is a routine leadership continuity move and is unlikely to impact the stock price significantly in the short term.
Bharat Forge Subsidiary JS Auto Cast Completes Rs 300 Crore Fundraise for 23% Stake
Bharat Forge's step-down subsidiary, JS Auto Cast Foundry India Private Limited, has completed a significant fundraise of approximately Rs 300 crore from PI Opportunities Fund I Scheme II. The investor acquired a 23% stake in JS Auto on a fully diluted basis through a combination of equity and 14,25,794 Compulsorily Convertible Preference Shares (CCPS). As a result, JS Auto's status has changed from a wholly owned subsidiary to a step-down subsidiary. This capital infusion provides growth capital for the casting business while establishing a valuation benchmark for the unit.
Key Highlights
PI Opportunities Fund I Scheme II invested an aggregate consideration of Rs 300.00 crore.
The investor acquired a 23% stake in JS Auto Cast Foundry India Private Limited on a fully diluted basis.
Transaction involved the issuance of 14,25,794 CCPS and 1 equity share at a price of Rs 2,104.09 per share.
JS Auto transitions from a step-down wholly owned subsidiary to a step-down subsidiary of Bharat Forge.
👀 What to Watch
Investors should view this as a positive development that unlocks value in Bharat Forge's subsidiary and provides non-dilutive capital at the parent level. Monitor the deployment of these funds for capacity expansion in the high-growth casting segment.
Bharat Forge Infuses €15 Million (₹160 Crore) into German Subsidiary BFGH
Bharat Forge Limited has announced a capital infusion of €15 million (approximately ₹160.35 crore) into its wholly-owned German subsidiary, Bharat Forge Global Holding GmbH (BFGH). BFGH acts as the holding company for the group's manufacturing operations across Germany, Sweden, and France. The investment, made through capital reserves, aims to support the subsidiary's operations and maintain its 100% ownership status. BFGH reported a turnover of €6.50 million in 2024, reflecting a recovery from €5.11 million in the previous year.
Key Highlights
Capital infusion of €15 million (₹160.35 crore) into 100% subsidiary BFGH.
BFGH manages manufacturing subsidiaries in Germany, Sweden, and France.
Subsidiary turnover grew to €6.50 million in 2024 from €5.11 million in 2023.
The transaction was completed on March 11, 2026, as a related party transaction at arm's length.
👀 What to Watch
Investors should view this as routine capital support for international operations; watch for improved margins in the European business segments in upcoming quarterly results.
Bharat Forge and Liebherr-Aerospace Launch Advanced Landing Gear Facility in Pune
Bharat Forge has inaugurated a state-of-the-art Landing Gear Components Machining Facility in Pune in collaboration with Liebherr-Aerospace. This facility positions BFL as one of the first Indian companies to operate OEM-approved landing gear machining at scale for global markets. The partnership leverages Liebherr's expertise, a group with over 14 billion euros in revenue, to enhance BFL's aerospace capabilities. This expansion completes BFL's full-stack aerospace portfolio across engines, airframes, and landing gear systems.
Key Highlights
Inaugurated a specialized Landing Gear Components Machining Facility in Mundhwa, Pune on March 11, 2026.
Developed in partnership with Liebherr-Aerospace, a leading global Tier-1 aerospace provider with 14 billion euros in group revenue.
Enables BFL to provide OEM-approved high-precision components for both civil and military aviation sectors.
Strengthens BFL's aerospace portfolio which now includes aero-engine parts, airframe structures, and landing gear.
The facility is part of BFL's strategy to scale up value addition and integrate into global aerospace supply chains.
👀 What to Watch
This expansion into high-margin aerospace components reduces dependence on the cyclical automotive sector and improves long-term valuation. Investors should monitor the aerospace segment's revenue growth and margin profile as this facility scales up.
Bharat Forge Receives Credit Rating Reaffirmation of AA+ (Stable) from ICRA
ICRA has reaffirmed Bharat Forge's long-term credit rating at [ICRA] AA+ with a Stable outlook and its short-term rating at [ICRA] A1+. The reaffirmation applies to various fund-based and non-fund-based facilities, including a Rs. 125 Crore Non-Convertible Debenture (NCD) program. Furthermore, the rating for a Rs. 700 Crore NCD facility was reaffirmed and subsequently withdrawn as the outstanding amount has been reduced to zero. This rating action underscores the company's robust financial profile and consistent creditworthiness.
Key Highlights
Long-term fund-based and working capital facilities reaffirmed at [ICRA] AA+ with a Stable outlook.
Short-term and non-fund based facilities reaffirmed at the highest rating of [ICRA] A1+.
Rating for Rs. 125 Crore Non-Convertible Debentures (NCDs) maintained at [ICRA] AA+.
Rating for Rs. 700 Crore NCDs reaffirmed and withdrawn following the reduction of the rated amount to Rs. 0.
Issuer rating reaffirmed at [ICRA] AA+ (Stable), reflecting strong credit fundamentals.
👀 What to Watch
Investors can take confidence in the company's high credit quality and stable financial outlook. No immediate portfolio changes are required as this reaffirmation confirms the company's ability to service its debt obligations efficiently.
Bharat Forge Subsidiary KSSL Signs MoU with GRSE for Marine Engineering Solutions
Bharat Forge's wholly-owned subsidiary, Kalyani Strategic Systems Limited (KSSL), has signed a Memorandum of Understanding (MoU) with Garden Reach Shipbuilders & Engineers Ltd. (GRSE). The partnership aims to provide indigenous solutions in marine engineering, specifically focusing on propulsion systems, steering gear, and integrated platform management systems. This collaboration targets both naval and commercial shipbuilding sectors, aligning with the 'Atmanirbhar Bharat' initiative. This strategic move allows Bharat Forge to expand its defense footprint into the maritime segment, leveraging its engineering capabilities alongside GRSE's shipbuilding expertise.
Key Highlights
KSSL, a 100% subsidiary of Bharat Forge, signed an MoU with GRSE on March 5, 2026.
The agreement focuses on indigenous Ship Propulsion, Steering Gear, and Integrated Platform Management Systems.
The collaboration covers both Naval and Commercial shipbuilding segments to boost maritime self-reliance.
This partnership leverages KSSL's 50+ years of engineering expertise and GRSE's leadership in warship construction.
👀 What to Watch
This is a positive development for Bharat Forge's defense vertical; investors should monitor for specific contract announcements or order book additions arising from this MoU.
Bharat Forge to Raise Rs 800 Crore via Unsecured Rupee Term Loan
Bharat Forge's Investment Committee has approved the raising of up to Rs 800 crore (Rs 8,000 million) through an unsecured rupee term loan. This move is part of a larger fund-raising program of up to Rs 2,000 crore previously approved by the Board in November 2025. The funds can be raised through various debt instruments, with this specific loan being the latest tranche. Investors should monitor the company's debt-to-equity ratio and the specific end-use of these funds for future growth or refinancing.
Key Highlights
Approved raising up to Rs 8,000 million (Rs 800 crore) via unsecured rupee term loan
Tranche is part of an overall board-approved limit of Rs 20,000 million (Rs 2,000 crore)
The decision was finalized by the Investment Committee in a meeting held on March 4, 2026
The fundraise follows an in-principle board approval granted on November 11, 2025
👀 What to Watch
Investors should view this as a routine capital management activity; however, check for upcoming quarterly results to see how this additional debt impacts interest coverage ratios.
Bharat Forge and VVDN Technologies Sign MoU for Automotive, Defence, and AI Collaboration
Bharat Forge has entered into a strategic Memorandum of Understanding (MoU) with VVDN Technologies to collaborate on next-generation technologies. The partnership spans high-growth sectors including Automotive, Defence, AI, and Datacentre domains. By combining Bharat Forge's precision engineering with VVDN's electronics and software expertise, the companies aim to develop AI server platforms and autonomous systems. This move signifies Bharat Forge's continued push to diversify into high-tech electronics and advanced defense ecosystems.
Key Highlights
Strategic MoU signed on February 18, 2026, to explore collaboration in Automotive, Defence, and Datacentre domains.
Focus on developing next-generation products including AI server platforms and generative intelligence solutions.
Synergy leverages VVDN's electronics design and system integration with Bharat Forge's advanced manufacturing.
The collaboration aims to accelerate product development cycles and enhance global competitiveness in future-ready technologies.
👀 What to Watch
Investors should monitor this partnership as it strengthens Bharat Forge's position in the high-margin defense and AI hardware sectors. Watch for specific product launches or contract wins emerging from this collaboration.
Bharat Forge Subsidiary JS Auto Acquires 31.56% Stake in Sunsure Solarpark SPV
Bharat Forge's step-down subsidiary, JS Auto Cast Foundry India, has completed the final tranche of its investment in Sunsure Solarpark Twenty-Three Private Limited. The subsidiary acquired 61,740 equity shares at a total price of Rs. 1,250 per share, which includes a premium of Rs. 1,240. This acquisition results in JS Auto holding a 31.56% stake in the SPV on a fully diluted basis. This strategic move is part of the company's ongoing efforts to secure renewable energy for its manufacturing operations.
Key Highlights
Acquisition of 61,740 equity shares in Sunsure Solarpark Twenty-Three Private Limited.
Shares acquired at a face value of Rs. 10 with a premium of Rs. 1,240 per share.
JS Auto now holds a 31.56% stake in the SPV on a fully diluted basis.
Completion of the Final Tranche (Tranche II) of the investment agreement initiated in September 2024.
👀 What to Watch
Investors should view this as a positive step towards operational cost-efficiency and ESG compliance. No immediate action is required, but this strengthens the company's long-term energy security.
Bharat Forge Declares Rs 2 Interim Dividend; Issues TDS Guidelines for FY 2025-26
Bharat Forge has declared an interim dividend of Rs 2 per equity share (100% of face value) for the financial year 2025-26. The company has issued detailed guidelines regarding Tax Deduction at Source (TDS) for various categories of shareholders, including residents and non-residents. Shareholders must submit necessary tax exemption forms such as 15G/15H or DTAA documents by February 18, 2026, to ensure appropriate tax treatment. The dividend will be paid exclusively through electronic means, necessitating updated bank account details.
Key Highlights
Interim dividend of Rs 2 per equity share (100% of face value) declared for FY 2025-26
Standard TDS rate of 10% applies to resident shareholders with a valid PAN
A higher TDS rate of 20% will be applied if PAN is not provided or is invalid/not linked to Aadhaar
Deadline for submitting tax-related documents (Form 15G/15H/DTAA) is February 18, 2026
Dividend payment will be made exclusively via electronic modes as per SEBI mandates
👀 What to Watch
Shareholders should ensure their PAN and bank details are updated with their Depository Participant or RTA and submit tax exemption forms by February 18 to avoid higher TDS.
Bharat Forge Q3 Results: Consolidated Revenue Up 25% YoY, ₹2 Interim Dividend Declared
Bharat Forge reported a robust 25% YoY growth in consolidated revenue to ₹43,429 million for Q3 FY26, driven largely by the Defence segment. The board declared an interim dividend of ₹2 per share, fixing February 18, 2026, as the record date. Consolidated net profit rose to ₹2,728 million, although standalone performance was slightly muted compared to the previous year. The company also announced management re-appointments and a subsidiary merger to streamline its infrastructure business.
Key Highlights
Consolidated revenue rose 24.9% YoY to ₹43,429.34 million; Defence segment revenue doubled to ₹6,819.98 million.
Interim dividend of ₹2 per share (100%) declared; payment to be completed by March 12, 2026.
Consolidated net profit increased to ₹2,728.02 million from ₹2,127.80 million in the previous year's quarter.
Board approved re-appointment of B. P. Kalyani and S. E. Tandale as Executive Directors for 5 years.
Merger of Ferrovia Transrail Solutions with BF Infrastructure approved to consolidate the infrastructure vertical.
👀 What to Watch
The strong traction in the Defence segment is a key positive catalyst for the stock's valuation. Investors should monitor the scaling of non-automotive businesses as the company successfully diversifies its revenue streams.
Bharat Forge Q3 Consolidated PAT Grows 28% to ₹273 Cr; Declares ₹2 Dividend and Subsidiary Merger
Bharat Forge reported a robust consolidated performance for Q3 FY26, with revenue increasing 25% year-on-year to ₹43,429 million. Consolidated Net Profit rose 28% to ₹2,728 million, driven by strong growth in the defense and international segments. The board declared an interim dividend of ₹2 per share and approved the merger of its step-down subsidiary, Ferrovia Transrail Solutions, into BF Infrastructure to streamline operations. While standalone revenue remained flat, the overall group performance indicates strong momentum in non-automotive segments.
Key Highlights
Consolidated Revenue from operations grew 25% YoY to ₹43,429 million in Q3 FY26.
Consolidated Net Profit (PAT) increased 28% YoY to ₹2,728 million despite an exceptional loss of ₹557 million.
Declared an interim dividend of ₹2 per equity share (100%) with a record date of February 18, 2026.
Defense segment revenue surged to ₹6,820 million in Q3 FY26 from ₹3,370 million in the same quarter last year.
Approved the merger of Ferrovia Transrail Solutions Private Limited into BF Infrastructure Limited to consolidate infrastructure holdings.
👀 What to Watch
Investors should view the strong growth in the defense and consolidated segments as a positive sign of diversification beyond traditional auto components. The consistent dividend and structural consolidation of subsidiaries further strengthen the long-term investment case.
Bharat Forge Q3 Profit Rises to ₹2.73B; Declares ₹2 Dividend & Re-appoints Key Directors
Bharat Forge reported a strong consolidated performance for Q3 FY26, with revenue reaching ₹43.43 billion, up from ₹34.76 billion YoY. Net profit grew to ₹2.73 billion, driven by a significant 102% surge in Defence segment revenue. The company declared an interim dividend of ₹2 per share and ensured leadership continuity by re-appointing two Executive Directors for five-year terms. However, the company noted the cessation of the CEO for its Industrial business, which warrants monitoring.
Key Highlights
Consolidated Revenue from operations grew 24.9% YoY to ₹43,429.34 million.
Net Profit for the quarter increased to ₹2,728.02 million compared to ₹2,127.80 million in the previous year.
Defence segment revenue doubled YoY, rising from ₹3,370.07 million to ₹6,819.98 million.
Declared an interim dividend of ₹2 per equity share (100%) with a record date of February 18, 2026.
Re-appointed B. P. Kalyani and S. E. Tandale as Executive Directors for a 5-year term starting May 2026.
👀 What to Watch
Investors should remain positive given the robust growth in the high-margin Defence segment and leadership continuity. The interim dividend provides immediate yield, though the exit of the Industrial business CEO should be tracked for any impact on that specific vertical.
Bharat Forge Q3 Consolidated Profit Rises 28% to ₹2,728M; Declares ₹2 Interim Dividend
Bharat Forge reported a strong consolidated performance for Q3 FY26, with revenue growing 25% YoY to ₹43,429 million. Consolidated net profit increased by 28.2% to ₹2,728 million compared to the same quarter last year, driven by robust growth in the Defence and Forgings segments. The board declared an interim dividend of ₹2 per share (100% of face value) and approved the re-appointment of two key Executive Directors for a five-year term. Additionally, the company is streamlining its railway business by merging Ferrovia Transrail Solutions into BF Infrastructure.
Key Highlights
Consolidated Revenue from operations grew 25% YoY to ₹43,429.34 million in Q3 FY26.
Consolidated Net Profit rose 28.2% YoY to ₹2,728.02 million despite standalone profit pressure.
Interim dividend of ₹2 per share declared with a record date of February 18, 2026.
Defence segment revenue more than doubled YoY to ₹6,819.98 million in the quarter.
Re-appointment of B. P. Kalyani and S. E. Tandale as Executive Directors for 5 years effective May 2026.
👀 What to Watch
Investors should view the strong consolidated growth and the massive jump in Defence revenue as key positives. The stock remains a high-conviction play on India's manufacturing and defence export story.
Bharat Forge Q3 FY26: Standalone Revenue Up 7% QoQ; Defence Order Book Hits ₹11,130 Crore
Bharat Forge reported a sequential recovery in Q3 FY26 with standalone revenue reaching ₹2,084 crore, driven by strong domestic automotive demand and defense execution. While North American CV exports remained weak due to de-stocking (down 51% YoY), the company secured significant new orders worth ₹2,388 crore, primarily in the defense sector. The defense order book has expanded to ₹11,130 crore, bolstered by a major CQB Carbine contract from the Ministry of Defence. Management remains optimistic, forecasting high double-digit growth for FY27 as export markets stabilize and ATAGS execution begins.
Key Highlights
Standalone EBITDA margin stood at 27.3%, with EBITDA growing 4.6% QoQ to ₹569 crore.
Defence order book reached a record ₹11,130 crore, including a new contract for 250,000+ CQB Carbines.
Domestic Industrial revenue grew significantly to ₹708.3 crore, driven by defense and HHP engine execution.
North American CV exports saw a sharp 51% YoY decline, though management indicates the sector's bottom is likely reached.
Consolidated revenue grew to ₹4,342.8 crore, aided by the consolidation of K-Drive Mobility and defense growth.
👀 What to Watch
Investors should focus on the rapidly scaling defense vertical and the expected recovery in the US trucking market. The stock remains a strong play on defense indigenization and global automotive recovery as management expects high double-digit growth in FY27.
Bharat Forge Q3 Consolidated Revenue Jumps 25% YoY to ₹4,343 Cr; Declares ₹2 Dividend
Bharat Forge reported a strong performance for the quarter ended December 31, 2025, with consolidated revenue from operations rising 24.9% YoY to ₹43,429 million. Consolidated net profit grew by 28.2% YoY to ₹2,728 million, driven by robust growth in the Defence and Forgings segments. The Board declared an interim dividend of ₹2 per share (100%) with a record date of February 18, 2026. Additionally, the company announced the re-appointment of key executive directors and a strategic internal merger of its rail solutions subsidiary.
Key Highlights
Consolidated Revenue from operations increased by 24.9% YoY to ₹43,429.34 million.
Consolidated Net Profit for the quarter stood at ₹2,728.02 million, up from ₹2,127.80 million in the previous year.
Defence segment revenue doubled YoY to ₹6,819.98 million compared to ₹3,370.07 million in Q3 FY25.
Interim dividend of ₹2 per equity share (100%) declared with a record date of February 18, 2026.
Exceptional loss of ₹557.15 million recorded in the consolidated results for the quarter.
👀 What to Watch
Investors should focus on the significant scaling of the Defence vertical, which is becoming a major growth engine. The stock remains a strong play on the 'Make in India' theme and industrial recovery; existing positions should be held.
Bharat Forge Declares ₹2 Interim Dividend; Q3 Consolidated Profit Rises 28% YoY
Bharat Forge reported a robust 24.9% YoY growth in consolidated revenue to ₹43,429 million for Q3 FY26. Consolidated net profit surged by 28.2% YoY to ₹2,728 million, primarily driven by a significant jump in the Defence and Forgings segments. The Board declared an interim dividend of ₹2 per share (100%) with a record date of February 18, 2026. Additionally, the company is streamlining its structure by merging its step-down subsidiary Ferrovia Transrail into BF Infrastructure.
Key Highlights
Consolidated Revenue from operations grew 24.9% YoY to ₹43,429.34 million.
Consolidated Net Profit rose 28.2% to ₹2,728.02 million compared to ₹2,127.80 million in the previous year.
Interim Dividend of ₹2 per share (100%) declared; Record date set for February 18, 2026.
Defence segment revenue more than doubled YoY, reaching ₹6,819.98 million from ₹3,370.07 million.
Standalone revenue remained relatively flat at ₹20,836.60 million with a slight dip in standalone PAT.
👀 What to Watch
Investors should take note of the strong consolidated performance and the rapid scaling of the high-margin Defence business. The dividend provides immediate yield, while the subsidiary merger indicates a focus on operational efficiency.
Bharat Forge Clarifies Participation in AMCA Fighter Jet Programme Bid
Bharat Forge Limited (BFL) has issued a clarification regarding media reports suggesting it is a frontrunner in the Advanced Medium Combat Aircraft (AMCA) fighter jet programme. The company confirmed that it is indeed participating in the bid following a Tripartite MoU signed on September 26, 2025, with BEML Limited and Data Patterns (India) Limited. However, BFL emphasized that it has not yet received any formal communication from the Aeronautical Development Agency (ADA) or the Ministry of Defence regarding the outcome. The company maintains that recent stock price volatility is market-driven and not due to any undisclosed price-sensitive information.
Key Highlights
Confirmed participation in the AMCA programme bid via an Expression of Interest (EoI) floated by ADA.
Reference to a Tripartite MoU signed on September 26, 2025, with BEML and Data Patterns for collaboration.
Clarified that no official communication has been received from the Ministry of Defence regarding the selection process.
Stated that there is no undisclosed price-sensitive information or impending corporate action at this stage.
Attributed recent material price movement in equity shares to general market conditions.
👀 What to Watch
Investors should monitor official updates from the Ministry of Defence regarding the AMCA contract, as a win would be a significant long-term catalyst. Avoid trading solely on speculative media reports until formal selection is announced.
Bharat Forge Subsidiary JS Auto to Raise ₹300 Crore from Premji Invest for 23% Stake
Bharat Forge's step-down subsidiary, JS Auto Cast Foundry India, has entered into an agreement to raise approximately ₹300 crore from PI Opportunities Fund (Premji Invest). The investor will acquire a 23% stake in JS Auto through a combination of equity and Compulsorily Convertible Preference Shares (CCPS). JS Auto is a significant unit, contributing 4.61% (₹697.07 crore) to Bharat Forge's consolidated revenue in FY25. The transaction is expected to be completed by March 31, 2026, and includes a non-compete agreement for ferrous casting in India.
Key Highlights
PI Opportunities Fund I (Premji Invest) to acquire a 23% stake in JS Auto Cast Foundry India.
Total consideration for the stake is approximately ₹300 crore via equity and CCPS issuance.
JS Auto reported an income of ₹697.07 crore and a net worth of ₹231.76 crore as of March 31, 2025.
The transaction is slated for completion by March 31, 2026, subject to closing conditions.
Bharat Forge has agreed to a non-compete clause for the ferrous casting business in India except through JS Auto.
👀 What to Watch
The entry of a marquee investor like Premji Invest validates the growth potential of Bharat Forge's casting business and provides a clear valuation benchmark for the subsidiary. Investors should view this as a positive value-unlocking event that strengthens the group's industrial segment.
