Bharat Forge Limited has announced the successful completion of the conversion of a loan into equity in its wholly owned subsidiary, Bharat Forge America, Inc. (BFA). The company had earlier intimated this development on August 8, 2024, under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements.
In a filing with the stock exchanges dated April 1, 2025, Bharat Forge confirmed that the conversion into equity, in the form of Additional Paid-in Capital, was finalized on March 31, 2025. This strategic move aligns with applicable regulatory provisions and strengthens the capital structure of its US operations.
The conversion is expected to bolster Bharat Forge’s presence in the North American market and reflects the company’s continued focus on optimizing its international investments.
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