Bharat Forge acquires balance 49% stake in Kalyani Strategic Systems

Bharat Forge has completed the purchase of 23,594,274 equity shares of Kalyani Strategic Systems (KSSL), a subsidiary of the company, from its existing shareholders, resulting in an increase in the company's stake in KSSL from 51% to 100%. Consequently, KSSL has become a wholly owned subsidiary of the Company with effect from 28 February 2022.

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