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Bharat Forge enters into BTA to transfer defence business to KSSL

07 Aug 2025 Evaluate

Bharat Forge has entered into Business Transfer Agreement (BTA) with Kalyani Strategic Systems (KSSL), a wholly-owned subsidiary of the Company for transfer of identified assets and other related obligations relating to the defence business of the Company to KSSL on an itemized sale basis for a consideration of Rs 453.30 crore. The Company and KSSL have also entered into a intellectual property rights licensing agreement. 

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

Peers
Company Name CMP
Bharat Forge 1792.90
Ramkrishna Forgings 690.00
MM Forgings 549.85
Happy Forgings 1932.10
Balu Forge Inds. 483.30
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