Bharat Forge Subsidiary Acquires 90% Stake in RS Aerostructures

Bharat Forge's wholly-owned subsidiary BFISL enters definitive agreements to acquire 90% stake in aerospace firm RS Aerostructures.
The acquisition involves a cash consideration of up to ₹36 million for equity shares and is expected to complete within 45 days.
RS Aerostructures is a newly incorporated Bangalore-based company specializing in aerospace structural assembly with no prior revenue.
This strategic move expands Bharat Forge's aerospace portfolio and establishes manufacturing presence in South India.