02-Sept-2026 11:37:51

BHARAT FORGE LTD : UPDATE ON DIVESTMENT OF STAKE

• Kalyani Powertrain Limited (KPTL) has completed the divestment of its entire 50% equity stake held in REFU Drive GmbH (“REFU”). • The stake has been transferred to REFU Elektronik GmbH. • REFU has ceased to be a joint venture of KPTL. • Impact: Neutral (Shareholding update in JV)

Bharat Forge Limited

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