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Company News Details

Bharat Forge Ltd
Industry :  Castings & Forgings
BSE Code
ISIN Demat
Book Value()
500493
INE465A01025
231.3231696
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
BHARATFORG
67.03
89605.76
EPS(TTM)
Face Value()
Div & Yield %
27.96
2
0.45
 

Bharat Forge board approves restructuring of steel forging operations of German subsidiary
Apr 09,2026
The board of Bharat Forge at its meeting held on 09 April 2026 has reviewed and evaluated a proposal for the phased restructuring of the steel forging operations of Bharat Forge CDP GmbH (BF CDP), its wholly owned subsidiary located in Ennepetal, Germany. The proposal may include an orderly wind‑down and solvent liquidation of BF CDP, in accordance with applicable German laws. This is being considered in light of the market challenges and the associated cost disadvantages faced by BF CDP in Germany.

To facilitate the proposed restructuring, the board has approved a financing arrangement of up to EUR 30 million.

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