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Bharat forge has informed the Bombay Stock Exchange (BSE) that its board of directors will meet on December 10, to consider raising long term resources of upto Rs 350 crore, subject to such approvals as may be required by the issue of appropriate securities, to finance the company's capacity expansion plans for future growth.

Ind-Swift Laboratories has informed the BSE that it has received intimation from the promoter company, Ind-Swift Ltd, that it has disinvested 4,76,000 equity shares (3.05 per cent) of the company.

As a result, the promoter group's current holding in Ind-Swift Ltd is 26,44,900 equity shares amounting to 16.93 per cent of the paid-up capital.