Bharat Forge (BFL) has completed the acquisition of 100% stake in Nouveau Power & Infrastructure, a group company 100% owned by promoters of BFL. This is part of the resolution plan approved by the National Company Law Tribunal’s (NCLT) Ahmedabad Bench for the acquisition of Sanghvi Forgings & Engineering under the Insolvency and Bankruptcy Code, 2016. The acquisition of Sanghvi Forgings has to be carried out through a SPV.
Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.
| Company Name | CMP |
|---|---|
| Bharat Forge | 1859.95 |
| Ramkrishna Forgings | 535.30 |
| MM Forgings | 463.25 |
| Happy Forgings | 1336.75 |
| Balu Forge Industrie | 486.20 |
| View more.. | |
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