Announced Wed, 24 Jun · 18:02 IST
Bharat Forge subsidiary completes 90 percent acquisition of RS Aerostructures
BHARATFORG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+4.1%1-day move
₹2117.00
prior close
₹2139.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.0-0.2+0.2+4.1+1.5-0.4+1.6+1.0-0.2+3.6+3.2——
Up moveDown movePending
AI summary
BF Industrial Solutions Limited (BFISL), wholly owned subsidiary of Bharat Forge, completed acquisition of 90 percent stake (36 lakh equity shares at Rs 10 each, at par) in RS Aerostructures Limited. RSAL is now a step-down subsidiary of Bharat Forge. This follows an earlier intimation dated April 17, 2026.
Likely market impact
RSAL becomes step-down subsidiary of Bharat Forge through BFISL, adding to the groups subsidiary portfolio.