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Bharat Forge, India acquires 30% Stake in Nashik-Based Fortuna Engineering

On April 30, 2026, Bharat Forge Limited (BFL) announced the acquisition of a 30% stake in Fortuna Engineering Private Limited (FEPL), a Nashik-based precision-machined engine components manufacturer, for INR 1.296 billion. The transaction is structured in tranches, with BFL retaining an option to acquire an additiona....

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