In continuation of its earlier intimation dated August 8, 2024, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the conversion of a loan into equity in the form of Additional Paid-in Capital in Bharat Forge America, Inc. (BFA), a Wholly Owned Subsidiary of the Company. In this regard, Bharat Forge has informed that the process of conversion of the loan into equity in the form of Additional Paid-in Capital has been successfully completed on March 31, 2025. This conversion has been carried out in compliance with the applicable regulatory provisions.
The above information is a part of company’s filings submitted to BSE.
