News

The enterprise value of the transaction is Rs 489.63 crore

This acquisition strengthens JS Auto’s presence in the castings sector, expands the product offering & client base

This acquisition will enable it to complement its component offerings with products solutions to OEMs in India & Globally

The transaction is expected to be completed on March 2, 2023

The Company shall subscribe to 3,30,00,000 equity shares of face value Rs 10 each of KPTL

This will result in growth opportunities and business expansion in line with the strategic goals of KSSL

Subsequent to the above, Ferrovia has become wholly owned subsidiary of BFIL and step-down subsidiary of the company

The agreement aims to explore the co-development and co-production of next-generation artillery gun platforms

Total consolidated income of the company marginally increased by 0.84% at Rs 3686.85 crore for Q4FY23

Compal Electronics will provide Kalyani Powertrain with technological support related to servers

Total consolidated income of the company increased by 22.56% at Rs 3826.67 crore for Q2FY24

The acquisition will be completed by December 31, 2023

The company aims to expand its manufacturing footprint in Tamil Nadu

The facility has a production capacity of 60,000 units per annum and scalable to 100,000 units per annum

The total consolidated income of the company decreased by 7.21% at Rs 3914.71 crore for Q4FY25

The total value of the order is $155.50 Million

The issue of the QIP was done at Rs 1,320 per share while the floor price as per SEBI ICDR was Rs 1,323.54 per share

This amount will then be invested by BFA into Bharat Forge Aluminum USA, Inc. a wholly owned subsidiary of BFA

The companies have signed MoU for wider collaboration in supporting advanced defense and security equipment in India

Consolidated total income of the company increased by 15.72% at Rs 3,922.96 crore for Q3FY24

The MoU is expected to play a vital role in leveraging each other’s capabilities to strengthen India’s defense capabilities and contributing to national self-reliance

The investment, led by Bharat Forge, underscores the commitment of the company to delivering world-class solutions for Liebherr and its global customer base

KL TSL has been incorporated with a view of creating a separate vertical for aluminium business and for light weighting technology

The current tranche of investment will be completed by December 31, 2024

Cost of acquisition is amounting to Euro 2,500,000

Total consolidated income of the company increased by 28.81% at Rs 3122.27 crore for Q2FY23

The new JV, named ElectroForge, will leverage the strengths of both the partners to offer bestin-class drivetrains

Total consolidated income of the company increased by 39.58% to Rs 3389.95 crore for Q3FY23

The Board of the Company, the Investment Committee of the Company, at its meeting held on September 14, 2023, has approved the same

MoU is for the development and production of Composite Rotor Blades, Mission Systems and Stores Management systems for Medium Lift Helicopters

This MoU also accentuates development, certification & prove out and application of new material for use in production of aircrafts, engines, and accessories

This transaction will enable BFL to expand its increase its customer base and expand its manufacturing presence in India

The company’s wholly owned subsidiary has signed a Memorandum of Understanding for the development of naval propulsion systems for the Indian market

The unveiling of MArG 45 marks a significant milestone in mobile artillery, reinforcing Kalyani Group’s commitment to self-reliance and cutting-edge defense innovation

This will result in growth opportunities and business expansion in line with the strategic goals of KSSL and DUMA

AAROK is a MALE-class UAV developed to offer the best available technology at the lowest acquisition and deployment cost

This marks the first-ever supply of cannons from an Indian defence manufacturer to the United States

The company has decided to consolidate its EV business initiatives under KPL, a wholly-owned subsidiary of the Company, for a better strategic alignment

The Investment Committee - Strategic Business of the Company has, at its meeting held on march 20, 2024 approved allotment of the same

The agreement is for collaboration in developing Lithium-Ion battery system for use by the Indian Navy

Bharat Forge is acquiring 15.64% of the paid-up equity share capital of Sunsure Solarpark Twenty Eight

The order is for supply of components and Armoured vehicle chassis to be executed over a 18 months’ timeframe

This brings Bharat Forge one step closer to the goal of shaping a responsible and sustainable steel supply chain for Forged components

The RC 0912 Rolling Chassis provides a solid foundation for mission-critical vehicles built to seamlessly adapt to a multitude of applications

AAM India Manufacturing Corporation is into manufacturing and sale of axles for commercial vehicles in the country

The investment will tentatively be completed by February 29, 2024

Subsequent to this transfer of shares, Aeron shall become an associate of the KSSL

This collaboration marks a major milestone in advancing India’s server infrastructure by integrating cutting-edge AMD technology into domestically manufactured solutions

The investment will be completed by December 31, 2024

As per the JV Agreement, KSSL and DUMA will hold 90% and 10% equity stake, respectively in JV Company

This accounts to 60% of the Rs 6900 crore procurement by the Ministry of Defence

The order is expected to be executed over the next twelve months

The investment will be completed on or before March 31, 2024

KSSL has been allotted 769,000 Ordinary Shares of Edgelab at a price of euro 3.25 per share