Bharat Forge merges step-down subsidiary with subsidiary

Bharat Forge Ltd announced the merger of its wholly-owned step-down subsidiary, Bharat Forge Holding GmbH (BFH), with its wholly-owned subsidiary, Bharat Forge Global Holding GmbH (BFGH). The merger, effective August 25, 2026, simplifies the legal structure of companies in Germany. Bharat Forge Aluminiumtechnik GmbH, previously a subsidiary of BFH, now becomes a direct subsidiary of BFGH. The company stated that this merger has no implication on its standalone or consolidated financial statements. BFGH reported a turnover of Euro 6,086,504.36 for the year ended December 31, 2025, while BFH had nil turnover. The transaction is not considered a related party transaction as per the Companies Act, 2013 and Listing Regulations.