Bharat Forge has raised Rs 125 crore through the allotment of rated, listed, unsecured, redeemable, non-convertible debentures (NCDs) bearing a face value of Rs 1,00,000 each, on a private placement basis to investors identified by the Committee at its meeting held on March 19, 2024. The Investment Committee - Strategic Business of the Company (Committee) has, at its meeting held on march 20, 2024 approved allotment of the same.
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.
