Bharat Forge Limited has informed the Exchange about Acquisition
BHARATFORG · price
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Bharat Forge's wholly-owned subsidiary BF Industrial Solutions Limited (BFISL) has signed agreements to acquire 90% stake in RS Aerostructures Limited for up to Rs. 36 million in cash. RS Aerostructures is a newly incorporated company (January 2026) based in Bangalore, engaged in aerospace structural assembly business including riveting structures and sub-assemblies for aircraft. The target company currently has no revenue and minimal net worth of Rs. 7,000. Post-acquisition, RS will become a step-down subsidiary of Bharat Forge. The deal is expected to complete within 45 days and will be done at fair value assessed by an independent valuer. The acquisition is not a related party transaction.
Bharat Forge is expanding into aerospace structural assembly through this acquisition, gaining specialized manufacturing capabilities and a South India presence. This diversification into aerospace aligns with the company's strategy to grow beyond its traditional forging business.