Bharat Forge Limited — Others, 08-05-2025: Change in Director(s)

Bharat Forge has announced a board meeting to approve the financial results for the quarter and year ended March 31, 2025, reporting consolidated revenue of ₹15,122.80 Cr and a profit of ₹913.28 Cr for the year. The board approved a final dividend of ₹6 per equity share (face value ₹2), subject to shareholder approval. Amendments to the Insider Trading Code were approved, and Ms. Sonia Singh and Mr. K.B.S. Anand were re-appointed as Independent Directors for five years, pending member consent. SVD & Associates has been appointed as Secretarial Auditors for five years, subject to approval. Impairment provisions linked to subsidiaries in weapon systems and electric vehicles affected results. The company raised ₹1,650 Cr via Qualified Institutional Placement, mainly for debt repayment and acquiring AAM India Manufacturing Corporation Pvt Ltd.