SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bharat Forge acquires additional stake in Tewa Motors

02 Feb 2022 Evaluate

Bharat Forge along-with subsidiary company -- Bharat Forge International (BFIL) has acquired additional 366,451 fully diluted equity shares of Tewa Motors (Jersey), pursuant to the conversion of the Convertible Loan Note (CLN). The Company along with BFIL prior to the conversion, was holding 34.45% of the Equity Share Capital of Tevva Motors (Jersey), consequent to the conversion of the CLN into Equity shares, the aggregate shareholding of the Company increased to 39.71%.

Considering its future business initiatives, the company has chosen to subscribe to the additional equity shares which were issued pursuant to the conversion of the CLN. Cost of acquisition is pound sterling 13.37 pound per share.

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.

Bharat Forge Share Price

1859.95 4.70 (0.25%)
17-Apr-2026 16:59 View Price Chart
Peers
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..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×