Bharat Forge Limited (BHARATFORG) — Announcement | 24 June 2026

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📢 Key Event
BF Industrial Solutions completes 90% acquisition of RS Aerostructures

🔄 What Changed
RS Aerostructures becomes step-down subsidiary

💡 Investor Takeaway
The acquisition finalizes ownership of RS Aerostructures under Bharat Forge's group structure.

Bharat Forge announced that its wholly owned subsidiary BF Industrial Solutions completed the acquisition of 36 lakh equity shares representing 90% of RS Aerostructures Limited, making it a step-down subsidiary. The transaction closed on June 24, 2026, fulfilling the April 17, 2026 announcement.

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About Bharat Forge Limited (BHARATFORG)

Automobile and Auto Components · Auto Components · Listed on NSE

Market Cap: ₹91,463.14 Cr P/E: 99.6

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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