Bharat Forge Limited has submitted a regulatory filing to BSE Limited and the National Stock Exchange of India Limited intimating the completion of further investments in its subsidiary structure. This disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The filing references earlier intimations made on August 10, 2026, and October 16, 2026, regarding a plan for further investment by the Company in its wholly-owned subsidiary, Kalyani Strategic Systems Limited (KSSL), and by KSSL in its own wholly-owned subsidiary, Agneyastra Energetics Limited (AEL).
The Company confirms that these investments have now been completed with the following specific allotments taking place on October 30, 2026:
- Investment in KSSL: KSSL issued and allotted 24,00,00,000 (24 crore) fully paid-up equity shares to Bharat Forge Limited. The shares have a face value of ₹10 each and were issued at par via a rights issue. The total investment amount by Bharat Forge was ₹2,40,00,00,000 (₹240 crore).
- Investment in AEL: Subsequently, AEL issued and allotted 16,30,00,000 (16.3 crore) fully paid-up equity shares to KSSL. The shares have a face value of ₹10 each and were also issued at par via a rights issue. The total investment amount by KSSL was ₹1,63,00,00,000 (₹163 crore).
The letter, signed by Tejaswini Ramkrishna Chaudhari, Company Secretary & Compliance Officer, requests the exchanges to take the information on record.