Bharat Forge Ltd (BHARATFORG)
Divestment of Stake held in Joint Venture
Divestment of 50% stake in REFU Drive GmbH by Kalyani Powertrain Limited to REFU Elektronik GmbH for EUR 12,500. Transaction is related party but at arm's length based on independent valuation. Completion expected within 6 weeks from July 22, 2026. REFU Drive GmbH will cease to be a joint venture post-sale.
Source: Original filing PDF
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🚨 BHARATFORG — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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