NSEAcquisition24 Jun 2026 · 24 Jun 2026, 06:02 pm
Acquisition
Bharat Forge Limited · BHARATFORG
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Bharat Forge Limited has informed the Exchange about the completion of its acquisition of 90% stake in RS Aerostructures Limited by its wholly owned subsidiary BF Industrial Solutions Limited.
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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact7/10
Market Sentiment5/10
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Bharat Forge Limited has informed the Exchange about Acquisition
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ANILSHINDE_24062026180135_SEIntimationInvestmentinRSAL.pdf
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B H A R A T F O R G E
June 24, 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, Mumbai 400 001 Bandra Kurla Complex, Bandra (East)
Maharashtra, India Mumbai 400 051, Maharashtra, India
Scrip Code: 500493 Symbol: BHARATFORG
Sub.: Acquisition of RS Aerostructures Limited by BF Industrial Solutions Limited
Ref.: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (‘Listing Regulations’)
Dear Sir / Madam,
This has reference to our earlier intimation dated April 17, 2026 regarding acquisition of 90%
stake in RS Aerostructures Limited (“RSAL”) by BF Industrial Solutions Limited (“BFISL”), a
wholly owned subsidiary of the Company.
In this regard we would like to inform you that BFISL has completed acquisition of 36,00,000
equity shares of Rs. 10/- each at par representing 90% of the paid-up share capital of RSAL
on a fully diluted basis.
Consequent to the abovementioned acquisition by BFISL, RSAL has now become the Step-
down Subsidiary Company of Bharat Forge Limited.
Kindly take the same on record.
Thanking you,
Yours faithfully,
For Bharat Forge Limited,
Tejaswini Chaudhari
Company Secretary and Compliance Officer
Membership No.: A18907
CIN L25209PN1961PLC012046
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