Forge Auto International Limited — JV/Acquisition, 27-08-2025: Acquisition
27-08-2025 | 02:45 pm
27-08-2025 | 02:45 pm
Forge Auto International has acquired 100% of Forge Mach Auto Private Limited (FMAPL) for Rs. 2.40 Cr. This strategic acquisition significantly expands Forge Auto's machining capabilities for forged components. The move is designed to accelerate revenue growth by diversifying offerings and tapping into emerging markets. FMAPL, now a wholly-owned subsidiary, posted a turnover of Rs. 23.10 Cr in FY2024-25, marking a material addition to Forge Auto's operational footprint and financial outlook.
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