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Bharat Forge is engaged in the manufacturing and selling of forged and machined Compoundant for auto and industry sector.(Source : 201903 Annual Report Page No: 123)
Bharat Forge's KSSL signed an MoU with FN Herstal to establish local production in India for small arms and counter-UAS. This strategic partnership aims to boost indigenous defense manufacturing capabilities under 'Make in India.'
Bharat Forge's subsidiary, KSSL, partnered with Thales for 70-mm rocket systems. This strategic alliance aims to build indigenous manufacturing capabilities, transfer technology, and position India as a global export hub for advanced defence systems, aligning with 'Make in India'.
Bharat Forge Aerospace signed an MoU with FLYING WHALES to jointly develop and manufacture 60-tonne heavy-lift airships in India. This strategic partnership aims to build sovereign capabilities for defense and logistics, supporting 'Make in India' initiatives.
Bharat Forge has proposed a final dividend of Rs 6.5/share. The company is detailing the tax deduction at source (TDS) process for shareholders, requiring document submissions to ensure correct tax withholding prior to payout.
Bharat Forge secured a ₹425 Cr Ministry of Defence contract to supply Gas Turbine Generators to the Indian Navy over 5 years. This marks BFL's entry into the marine gas turbine business, delivering the first indigenous GT-based power plant for naval ships.