Bharat Forge Limited announced that J S Auto Cast Foundry India Private Limited (JS Auto), its step-down subsidiary has entered into Business Transfer Agreement with Indo Shell Mould Limited (ISML) for acquiring their SEZ Unit in SIPCOT, Erode. The SEZ Unit with a capacity of 42,000 MTPA, supplies fully machined critical castings to marquee customers…
Bharat Forge Limited, along with its subsidiary, BF Industrial Solutions Limited (together referred to as “Bharat Forge”) announced that it has successfully completed the previously announced acquisition of JS Autocast Foundry India Private Limited (JS Auto). The Enterprise Value of the transaction is Rs 489.63 Crores. This acquisition significantly enhances our capabilities and addressable market…