Bharat Forge's subsidiary, BFISL, is acquiring a 90% stake in RS Aerostructures for up to Rs 3.6 Cr.

RS, a newly incorporated entity with no current revenue, specializes in aerospace structural assembly and maintenance.

This strategic acquisition aims to significantly expand Bharat Forge's aerospace product portfolio, customer base, and manufacturing footprint in South India, leveraging RS's specialized expertise.

It's a key investment to bolster their position in the rapidly evolving aerospace sector.