Bharat Forge makes investment in Bharat Forge Global Holding GmbH
The Company will continue to hold 100% of Equity Capital of BFGH
Bharat Forge has made an investment in Bharat Forge Global Holding GmbH (BFGH), a wholly owned subsidiary by way of contribution to capital reserve amounting to Rs 160.04 crore. BFGH is a holding company having investments in manufacturing subsidiaries in Germany, Sweden and France. The Company will continue to hold 100% of Equity Capital of BFGH.
Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.
