FilingReader Intelligence
Bharat Forge transfers defence business to subsidiary for $54m
August 6, 2025 at 12:49 PM UTC•By FilingReader AI
Bharat Forge announced the transfer of its defence business to wholly-owned subsidiary Kalyani Strategic Systems Limited for Rs. 4,533 million ($54 million).
The company entered a business transfer agreement and intellectual property rights licensing agreement with the subsidiary to complete the restructuring.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:BHARATFORG•Bombay Stock Exchange
News Alerts
Get instant email alerts when Bharat Forge publishes news
Free account required • Unsubscribe anytime