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Bharat Forge, India to invest INR 1,500 million in Kalani Powertrain
Bharat Forge announced that its board of directors approved the conversion of existing intercorporate deposits (given by the Company to Kalyani Powertrain Limited (KPTL), a wholly-owned subsidiary of the Company), along with interest thereon, amounting to INR 1,113 million, into equity shares, to reduce the overall b....
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