Pursuant to Regulation 30 of the Listing Regulations, Bharat Forge has informed that the Board of Directors of the company, at its meeting held on Thursday, April?9,?2026, reviewed and evaluated a proposal for the phased restructuring of the steel forging operations of Bharat Forge CDP GmbH (BF?CDP), its wholly owned subsidiary located in Ennepetal, Germany. The proposal may include an orderly wind down and solvent liquidation of BF CDP, in accordance with applicable German laws. This is being considered in light of the market challenges and the associated cost disadvantages faced by BF CDP in Germany. To facilitate the proposed restructuring, the Board has approved a financing arrangement of up to 30?million euros.
The above information is a part of company’s filings submitted to BSE.
| 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.. | |
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.
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.
MoneyWorks4Me ensures this through: