Bharat Forge has on 18 June 2024 made an additional investment of USD 40 million in Bharat Forge America Inc. (BFA) a wholly owned subsidiary of the Company. This investment falls within the pre-approved limits of the board resolution dated 14 November 2022. The funds are intended for further investment by BFA into its wholly-owned subsidiary - Bharat Forge Aluminum USA Inc. (BFAL), to facilitate BFAL's capital expenditure for aluminum forging facility.
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