In its annual report for FY 2025-26 (ending March 31, 2026), Automotive Axles Limited (AAL) announced that it is undertaking capacity enhancement initiatives, with planned investments beginning in FY27 and expected to be operational by Q3 FY27. It will position AAL to capitalise on anticipated growth in the medium an

On July 23, Bharat Forge announced that its wholly owned subsidiary, Kalyani Powertrain Limited (KPTL), along with the company, entered into a definitive agreement with REFU Drive GmbH, a joint venture between KPTL and REFU Elektronik GmbH.
KPTL has agreed to sell its entire 50% stake in REFU Drive GmbH to REFU Elekt

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

On April 9, Bharat Forge Limited announced that it is evaluating a proposal for the phased restructuring of the steel forging operations of Bharat Forge CDP GmbH (BF CDP), its wholly owned subsidiary located in Ennepetal, Germany. BF CDP produces chassis and drive components from the forging of steel and aluminium.
T

On March 16, Bharat Forge announced that private equity investor PI Opportunities Fund I Scheme II has acquired a 23% fully diluted stake in JS Auto Cast Foundry India Pvt Ltd (JS Auto), its step-down subsidiary, for about INR 3 billion.
Following this infusion, JS Auto’s status has changed from a step-down wholly ow

On February 18, Bharat Forge and VVDN Technologies signed a memorandum of understanding (MoU) to explore a collaboration across the automotive, defence, AI, and data centre domains. The partnership aims to jointly develop next‑generation products for automotive, defence, and AI server platforms by combining VVDN’s st

On February 2, 2026, JS Auto Cast Foundry India Private Limited (JSA), a 100% wholly owned subsidiary of Bharat Forge Limited, announced it had raised INR 3 billion in equity investment from Premji Invest. Premji Invest will hold a 23% stake on a fully diluted basis post-investment.
JSA is a supplier of critical ferr

On August 11, Bharat Forge highlighted its tariff-related uncertainty as a key headwind for the Q1 FY 2025-26 ending June. It mentioned that global tariff actions have disrupted the outlook for automotive, particularly in the U.S. It absorbed about INR 140 million in tariff-related expense during Q1 and noted that ro

On July 2, Bharat Forge Limited (BFL) announced the completion of its acquisition of AAM India Manufacturing Private Limited at an equity value of INR 7,464.6 million, which includes INR 1,894.8 million in cash held by AAM India. The acquisition follows the company’s earlier announcement on October 17, 2024.
AAM Indi

Bharat Forge Limited announced that the board of directors of the Company has accorded in-principle approval for making a further Investment in its wholly owned subsidiary Kalyani Powertrain Limited (KPTL) for an amount not exceeding INR 796 million. Further, the board has delegated the necessary powers to the ‘inves

On April 23, the Competition Commission of India (CCI) approved Bharat Forge Limited's proposed acquisition of 100% equity in AAM India Manufacturing Corporation Private Limited (AAM India), subject to voluntary modifications offered by the parties involved. AAM India, a subsidiary of American Axle & Manufacturing Ho

On December 23, Bharat Forge Limited announced that its board had approved the infusion of funds of USD 64.50 million by Bharat Forge Limited into BFA (Bharat Forge America Inc.). From the allocation, USD 19.5 million will be retained by BFA, USD 30 million will be invested by BFA into Bharat Forge Aluminum USA (BFAL

On December 13, Bharat Forge Limited announced that its Investment Committee has approved additional investment in the equity shares of Kalyani Powertrain Limited (KPTL).
KPTL is a wholly owned subsidiary of Bharat Forge which houses electric vehicle and e-mobility initiatives of the company. Bharat Forge will subscr

Bharat Forge Limited (BFL) agreed to the acquisition of 100% shareholding in AAM India Manufacturing Corporation Private Limited (AAMIMCPL), a subsidiary of American Axle & Manufacturing Holdings, Inc. (AAM) for an enterprise value of INR 5,445.30 million. The company will acquire the commercial vehicle axle business

On September 20, Bharat Forge Limited announced the completion of its internal restructuring, involving the transfer of a 50% equity stake held by the company in Refu Drive GmbH (Refu), a joint venture company, to Kalyani Powertrain Limited (KPTL), its wholly-owned subsidiary.
This move follows the earlier announceme

On August 22, Bharat Forge Limited announced that the investment committee of its strategic business division has, approved an additional investment of INR 1.05 billion in Kalyani Powertrain Limited (KPTL). The investment will be completed on or before September 30, 2024, while it will continue to hold 100% of shareh

On August 8, Bharat Forge Limited announced that its board of directors has approved the transfer of a 39.43% stake held in TMJ Electric Vehicles Limited to Bharat Forge International Limited, a wholly-owned subsidiary, at fair value assessed by an independent valuer. The Group has its investment in Tewa Motors Limit

On June 18, Bharat Forge Limited announced that it had made an additional investment of USD 40 million in its wholly-owned subsidiary Bharat Forge America Inc.
The funds are intended for further investment by BFA into its wholly owned subsidiary - Bharat Forge Aluminium USA Inc. (“BFAL”), to facilitate BFAL’s capital

Bharat Forge Limited announced that it has infused USD 15 million in Bharat Forge America Inc., (BFA) a wholly owned subsidiary of the Company. This amount will then be invested by BFA into Bharat Forge Aluminum USA, Inc. (BFAL), a wholly owned subsidiary of BFA. The investment will tentatively be completed by Februa

 Bharat Forge Limited announced that its board has approved additional investment in KPTL (Kalyani Powertrain Limited) not exceeding INR 460 million. The investment will be completed on or before March 31, 2024, and post the investment, the company will continue to hold 100% of the shareholding in KPTL.
KPTL is engag