NSEAcquisition21h ago · 30 Oct 2026, 05:51 pm
Acquisition
Bharat Forge Limited · BHARATFORG
✦ AI SummaryFundraise
Bharat Forge Limited has informed the Exchange about further investment in its wholly owned subsidiary Kalyani Strategic Systems Limited (KSSL) and KSSL's wholly owned subsidiary Agneyastra Energetics Limited (AEL). KSSL has issued and allotted 240 million equity shares to the Company against an investment of Rs. 2,40,00,00,000, while AEL has issued and allotted 163 million equity shares to KSSL against an investment of Rs. 1,63,00,00,000.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Bharat Forge Limited has informed the Exchange about Acquisition
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ANILSHINDE_30102026174953_SEIntimation_KSSL_AEL_Allotment_1.pdf
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B H A R A T F O R G E
October 30, 2026
BSE Limited National Stock Exchange of India Limited
Corporate Relations Department Listing Department
Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1, G Block
Dalal Street, Fort, Bandra Kurla Complex, Bandra (East)
Mumbai 400 001, Maharashtra, India Mumbai 400 051, Maharashtra, India
Scrip Code: 500493 Symbol: BHARATFORG
Dear Sir/Madam,
Sub.: Intimation of further investment
Ref: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“Listing Regulations”)
This has reference to our earlier intimations dated August 10, 2026 and October 16, 2026
regarding further investment by the Company in Kalyani Strategic Systems Limited (“KSSL”),
wholly owned subsidiary of the Company and by KSSL in Agneyastra Energetics Limited
(“AEL”), KSSL’s wholly owned subsidiary.
In this regard we would like to inform you that upon completion of said investments:
a. KSSL has issued and allotted 24,00,00,000 fully paid-up equity shares of Rs. 10 each at
par by way of rights issue to the Company against the total investment of Rs.
2,40,00,00,000; and
b. AEL has issued and allotted 16,30,00,000 fully paid-up equity shares of Rs. 10 each at par
by way of rights issue to KSSL against the total investment of Rs. 1,63,00,00,000.
The aforesaid allotments have taken place on October 30, 2026.
Kindly take the same on record.
Thanking you,
Yours faithfully,
For Bharat Forge Limited
Tejaswini Chaudhari
Company Secretary & Compliance Officer
Membership No.: A18907
BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA.
PHONE: + 91 20 6704 2476 6704 2451 6704 2544 (Secretarial) Fax 020 2682 2163
Email: secretarial@bharatforge.com WEBSITE: www.bharatforge.com CIN L25209PN1961PLC012046