Don’t miss the latest developments in business and finance.

Board of Bharat Forge approves conversion of loan given to Bharat Forge America into equity

Image
Last Updated : Aug 08 2024 | 7:04 PM IST

At meeting held on 08 August 2024

The Board of Bharat Forge at its meeting held on 08 August 2024 has approved has approved the conversion of USD 12 million loan given to Bharat Forge America Inc.(BFA) into equity.

BFA is a wholly owned subsidiary of the Company based in Surgoinsville, Tennessee, USA and is the holding company for its USA entities.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Aug 08 2024 | 6:43 PM IST

Next Story