A naukri.com initiative
Bloomberg Quint
1d
121
Image Credit: Bloomberg Quint
Bharat Forge To Invest Over Rs 345 Crore In German Subsidiary
- Bharat Forge Ltd. plans to invest 39 million euros in its German subsidiary, Bharat Forge Global Holding GmbH.
- The investment will help the subsidiary and its affiliates repay or prepay outstanding borrowings.
- The funding is part of the use of proceeds specified in the placement document related to the company's QIP.
- Bharat Forge will maintain 100% stake in the subsidiary after the investment.
Read Full Article
7 Likes
For uninterrupted reading, download the app