Bharat Forge Completes Final Tranche Investment in Sunsure Energy SPVs

Bharat Forge Ltd has completed the final tranche investment in special purpose vehicles (SPVs) of Sunsure Energy Private Limited. This investment was made by the company's wholly-owned step-down subsidiary, J S Auto Cast Foundry India Private Limited, in Sunsure Solarpark Twenty-Three. The acquisition was of 61,740 equity shares at a premium of Rs. 1,240 each, which amounts to a 31.56% stake on a fully diluted basis.