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Bharat Forge Ltd — M&A Activity 2025
Feb 28, 2025
61415_rns_2025-02-28_3b2df80d-2152-45a6-835e-55dc90af227f.pdf
M&A Activity
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B H A R A T F O R G E
February 28, 2025
To, BSE Limited Corporate Relations Department Phiroze Jeejeebhoy Towers Dalal Street, Fort, Mumbai 400 001 Maharashtra, India
National Stock Exchange of India Limited Listing Department Exchange Plaza, Plot No. C/1, G Block Bandra Kurla Complex, Bandra (East) Mumbai 400 051, Maharashtra, India
Scrip Code: 500493
Symbol: BHARATFORG Series: EQ
Dear Sir / Madam,
Sub. : Acquisition Update under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Ref. : Our earlier Intimations dated September 20, 2024 and December 11, 2024
This has reference to our intimation dated September 20, 2024 and December 11, 2024 with regard to proposed acquisition of equity shares in special purpose vehicles (SPVs) of Sunsure Energy Private Limited by the Company along with its two subsidiaries i.e. J S Auto Cast Foundry India Private Limited (wholly-owned step-down subsidiary) (“JS Auto”) and Kalyani Centre for Precision Technology Limited (wholly-owned subsidiary) (“KCPTL”).
In this regard, we would like to inform you that the Tranche II investment has been completed by the Company & KCPTL as follows:
| Acquirer | Name of the SPV | No of equity shares acquired |
|---|---|---|
| Company | Sunsure Solarpark Twenty Eight Private Limited |
Acquisition of 7,762 equity shares of Rs.10/- each at a premium of Rs.1,240/- per share. Consequently, the total shareholding has increased to 15.52% on a fully diluted basis. |
| KCPTL | Sunsure Solarpark Twenty Eight Private Limited |
Acquisition of 7,762 equity shares of Rs.10/- each at a premium of Rs.1,240/- per share. Consequently, the total shareholding has increased to 15.52% on a fully diluted basis. |
Kindly take the same on your record.
Thanking you,
Yours faithfully,
For Bharat Forge Limited
TEJASWINI Digitally signed by TEJASWINI RAMKRISHNA RAMKRISHNA CHAUDHARI Date: 2025.02.28 22:14:01 CHAUDHARI +05'30'
Tejaswini Chaudhari Company Secretary & Compliance Officer Membership No.: A18907
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CIN L25209PN1961PLC012046 BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA. Phone : + 91 20 6704 2476 / 6704 2850 (Secretarial) Fax : 020 2682 2163 Email : [email protected] Website : www.bharatforge.com