Bharat Forge Ltd has announced that its Board of Directors, at a meeting held on Thursday, May 8, 2025, has granted in-principle approval to make an additional investment in its wholly owned subsidiary, Kalyani Powertrain Limited (KPTL), for an amount not exceeding Rs 79.62 crore (Rs 796,200,000).
The Board has also delegated authority to the 'Investment Committee – Strategic Business' to finalize the timing, quantum, mode, and other terms and conditions of the proposed investment, in compliance with the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations.
The company confirmed that all necessary disclosures related to this investment will be made in due course, as per regulatory requirements.