Bharat Forge Limited — JV/Acquisition, 06-01-2026: Acquisition

Bharat Forge, through its subsidiary JS Auto, has completed the initial phase of its previously announced acquisition. The company invested Rs. 2.57 Cr in Sunsure Solarpark Twenty-Three Private Limited, an SPV focused on solar energy. This secures a 31.57% fully diluted stake in the solar park. This strategic move reinforces Bharat Forge's commitment to sustainable energy sources and likely aims to enhance its green initiatives or secure renewable power for its operations, aligning with broader ESG goals. It's a step towards diversifying its energy portfolio.