Bharat Forge's Kalyani Powertrain completes divestment of REFU Drive stake
Bharat Forge · Auto Components
Key highlights
- Kalyani Powertrain Limited transferred its entire 50% equity stake in REFU Drive GmbH
- Stake was sold to REFU Elektronik GmbH
- REFU Drive GmbH is no longer a joint venture of Kalyani Powertrain Limited effective September 2, 2026
Why it's rated notable: The filing states a completed transfer of KPTL's entire 50% stake in REFU and that REFU has ceased to be a joint venture, but gives no value, so the level stays at medium.
Original filing
Announcement under Regulation 30 (LODR)-Restructuring
Read the filing on BSE (PDF) →Companies guiding to strong growth
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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.