Bharat Forge Limited has informed the Exchange regarding a press release dated February 02, 2026, titled "JS Auto Cast, a Bharat Forge subsidiary, secures Rs 300 Crores investment from Premji Invest".
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Bharat Forge has shared a press release announcing that its subsidiary, JS Auto Cast, has secured a Rs 300 Crores investment from Premji Invest, a reputed institutional investor. The investment values the subsidiary and brings in a high-profile strategic backer, signalling confidence in the auto components business. This follows a trend of external capital flowing into Indian auto component manufacturers. The funds are expected to support JS Auto Cast's growth plans and expansion.
Positive for shareholders — the investment validates the value of Bharat Forge's subsidiary and could lead to future value unlocking, while strengthening JS Auto Cast's growth capacity.