Bharat Forge Limited (BHARATFORG) — Announcement Announcement
📢 Key Event
BFISL to acquire 90% of RS Aerostructures via cash subscription agreement
🔮 What's Next
45 days
💡 Investor Takeaway
The deal adds aerospace capabilities but involves a newly formed target with no revenue.
Bharat Forge announced that its wholly owned subsidiary BF Industrial Solutions has signed definitive agreements to acquire a 90% stake in newly incorporated aerospace firm RS Aerostructures Limited for up to Rs. 36 million in cash, marking its entry into the aerospace structural assembly business and expanding its manufacturing footprint in South India.
📄 View Original Announcement (PDF)
About Bharat Forge Limited (BHARATFORG)
Automobile and Auto Components · Auto Components · Listed on NSE
Market Cap: ₹91,463.14 Cr
P/E: 99.6
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.