Bharat Forge Limited has announced an investment of €10 million (approximately ₹1,100.45 million) in its wholly owned subsidiary, Bharat Forge Global Holding GmbH (BFGH), through a contribution to its capital reserve. This investment is part of the company's ongoing strategy for foreign investments and guarantees to its subsidiaries and associates. BFGH, incorporated in Germany on December 15, 2003, serves as the holding company for Bharat Forge's overseas investments in manufacturing subsidiaries located in Germany, Sweden, and France. The company has confirmed that requisite governmental and regulatory approvals for this investment have already been obtained. The transaction is expected to be completed by January 31, 2026. BFGH is a related party to Bharat Forge Limited, and this investment is structured as a related party transaction on an arm's length basis. While Mr. Amit Kalyani, Mr. Subodh Tandale, and Mr. Dipak Mane from Bharat Forge are on BFGH's Advisory Board, no other promoter, promoter group, or group companies of Bharat Forge have an interest in this investment. BFGH's turnover for the fiscal year January 2024 – December 2024 was €6.50 million, with previous years showing €5.11 million (2023) and €6.28 million (2022). Bharat Forge will continue to hold 100% of BFGH's equity capital following this investment.
