Bharat Forge Approves QIP with Floor Price of ₹1,947.70

Bharat Forge Limited's Investment Committee has approved a Qualified Institutional Placement (QIP). The Board of Directors and shareholders had previously granted their approvals. The Preliminary Placement Document has been adopted, and the issue has been opened. The floor price for the QIP has been set at ₹1,947.70 per equity share, determined in accordance with SEBI ICDR Regulations. The company may offer a discount of up to 5% on this floor price. The trading window for designated persons has been closed from September 15, 2026, until further notice.