Bharat Forge invests Rs 1,100 mn in German subsidiary BFGH
BHARATFORG · price
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Bharat Forge is investing Rs 1,100.45 million (about 10 million euros) into its wholly owned German subsidiary Bharat Forge Global Holding GmbH (BFGH) as a capital reserve contribution. BFGH is a holding company for the company's overseas manufacturing subsidiaries in Germany, Sweden and France. Bharat Forge will keep holding 100 percent of BFGH. The transaction is a related party deal done at arm's length. Completion is expected by January 31, 2026.
Routine capital infusion into an existing wholly owned subsidiary. No ownership change. Mildly positive as it funds overseas operations.