Bharat Forge Limited — JV/Acquisition, 16-02-2026: Acquisition

Bharat Forge, through its subsidiary JS Auto, has finalized its investment in Sunsure Solarpark Twenty-Three Private Limited, an SPV linked to renewable energy player Sunsure Energy. JS Auto acquired 61,740 equity shares, investing approximately Rs 7.72 Cr. This acquisition secures a 31.56% fully diluted stake in the solar park. This strategic move highlights Bharat Forge's commitment to bolstering its renewable energy footprint, likely aimed at enhancing operational sustainability and managing energy costs.