Bharat Forge Ltd

Bharat Forge Debt & Borrowing: ₹825 Cr

Bharat Forge Limited submitted its annual disclosure for the centralized database of corporate bonds for the year ended March 31, 2026. The filing covers three NCD series with a total issue size of ₹825 Crore, detailing listing information, ICRA [ICRA]AA+ credit ratings, and interest/redemption payment statuses.

Value

₹825.0 Cr

Bharat Forge Partnership

Bharat Forge, in partnership with VRDE (DRDO) and TASL, successfully co-created and flagged off the Vikram VT 21 advanced armoured platforms. Developed in under three years, the platforms have cleared technical evaluations for the Ministry of Defence, readying them for the Indian Armed Forces and global export markets.

Execution

under three years

Bharat Forge Annual General Meeting

Bharat Forge Limited announced the results of its postal ballot conducted via e-voting. Shareholders approved the re-appointment of Mr. B. P. Kalyani and Mr. S. E. Tandale as Whole-time Directors with over 99% majority. The e-voting period concluded on April 22, 2026, with results confirmed by the scrutinizer.

Bharat Forge Acquisition Worth ₹3.6 Cr

Bharat Forge's subsidiary, BF Industrial Solutions Limited, is acquiring a 90% stake in RS Aerostructures Limited for ₹3.60 Crore. The cash transaction, expected to close within 45 days, strategically expands Bharat Forge's aerospace manufacturing footprint and specialized assembly capabilities in South India.

Value

₹3.60 Cr

Execution

45 Days

Bharat Forge Acquisition Worth ₹3.6 Cr

Bharat Forge subsidiary BFISL is acquiring a 90% stake in RS Aerostructures Limited for up to ₹3.6 Crore. The acquisition expands the company's aerospace product portfolio and manufacturing presence in South India. The transaction is expected to conclude within 45 days.

Value

₹3.60 Cr

Execution

45 days

Bharat Forge Debt & Borrowing: ₹125 Cr

Bharat Forge Limited submitted its half-yearly statement of Non-Convertible Debentures (NCDs) for the period ended March 31, 2026. The company has ₹125 Crore outstanding in NCDs (ISIN: INE465A08038) with a 7.80% coupon rate, maturing on March 20, 2027.

Value

₹125.0 Cr

Bharat Forge Board Meeting Outcome

Bharat Forge's Board approved a phased restructuring of its German subsidiary, Bharat Forge CDP GmbH, including a potential orderly wind-down. To facilitate this, the Board cleared a €30 million (₹321 Crore) financing arrangement.

Value

₹321.0 Cr

Execution

phased restructuring