Acquisition / mergerNotableFiled on BSE ·

Bharat Forge Limited's subsidiary acquires 90% stake in RS Aerostructures Limited

Bharat Forge · Auto Components

Arthneeti Research DeskPublished 1 min read
90%Acquisition / merger

Key highlights

  • BF Industrial Solutions Limited, a wholly owned subsidiary of Bharat Forge, acquired 36,00,000 equity shares of RS Aerostructures Limited.
  • The shares acquired represent 90% of the paid-up share capital of RS Aerostructures Limited on a fully diluted basis.
  • RS Aerostructures Limited has become a step-down subsidiary of Bharat Forge Limited following the acquisition.

Why it's rated notable: The completed acquisition of a 90% stake in RSAL is binding, but the filing states no consideration or value, so the level stays at medium.

Original filing

Announcement under Regulation 30 (LODR)-Acquisition

Read the filing on BSE (PDF) →

Companies guiding to strong growth

Ranked by management's own guidance on revenue and margins — not by us.

Rossell Techsys

Aerospace & Defense

Revenue growth 40%+Margin up 2%+

Sign up free to see all 6 →

See full rankings

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

More from Bharat Forge

Other acquisition / merger filings this fortnight

All acquisition / merger filings →

Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.