India, Jan. 30 -- Bharat Forge Limited has announced a proposed equity capital infusion of €10 million (?1,100.45 million) into its wholly owned subsidiary, Bharat Forge Global Holding GmbH (BFGH), based in Germany. The investment is expected to be completed by 31 January 2026, following receipt of all requisite approvals.
Incorporated on 15 December 2003, BFGH serves as the holding company for Bharat Forge's overseas investments and has interests in manufacturing subsidiaries across Germany, Sweden, and France. The company reported a turnover of €6.50 million during January–December 2024, compared with €5.11 million in 2023 and €6.28 million in 2022.
The proposed investment qualifies as a related party transacti...