Investment30 Jan 2026, 09:27 am
Bharat Forge Invests € 10 Million in Wholly Owned Subsidiary Bharat Forge Global Holding GmbH
AI Summary
Bharat Forge Ltd has made an investment in Bharat Forge Global Holding GmbH (BFGH), a wholly owned subsidiary based in Germany. The investment, amounting to Rs. 1,100.45 million / € 10 million, is in the form of equity capital infusion. BFGH, incorporated on December 15, 2003, is the holding company for overseas investments undertaken by Bharat Forge Limited. It had a turnover of € 6.50 million for the period January 2024 — December 2024.
Key Highlights
- Bharat Forge Ltd invests € 10 million in its wholly owned subsidiary Bharat Forge Global Holding GmbH.
- The investment is in the form of equity capital infusion, maintaining the Company's 100% stake in BFGH.
- BFGH is a holding company for overseas investments undertaken by Bharat Forge Limited.
- BFGH had a turnover of € 6.50 million for the period January 2024 — December 2024.
- The transaction is in line with Bharat Forge's strategic growth plans.