Bharat Forge Board OKs Up To INR796 Million Investment in Wholly-Owned Arm

MT Newswires Live

2025/05/09

Bharat Forge (NSE:BHARATFORG, BOM:500493) has received in-principle approval from its board to make an additional investment of up to 796.2 million Indian rupees in its wholly-owned subsidiary Kalyani Powertrain, according to a Wednesday filing to the Indian stock exchanges.

The timing, size, and mode of investment in Kalyani Powertrain will be decided by the company's Investment Committee - Strategic Business.

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