Bharat Forge transfers defence business worth ₹500 crore to Kalyani Strategic Systems

Kalyani Strategic Systems will issue Optionally Convertible Redeemable Preference Shares (OCRPs) of up to ₹500 crore as consideration. Shares of Bharat Forge Ltd ended at ₹1,308.00, down by ₹1.20, or 0.092%, on the BSE.

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