Tag: Sanghvi Forging & Engineering Ltd.

Bharat Forge acquires Sanghvi Forging and Engineering Ltd

Bharat Forge announced it has acquired Sanghvi Forging and Engineering Ltd.(SFEL) for Rs 90 crores. The acquisition has been completed on June 28, 2021. “In this regard, we wish to inform you that in accordance with the NCLT order dated April 26, 2021 and in terms of the approved Resolution Plan, the Company has fully…