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Bharat Forge raises Rs 500 crore through NCDs
Aug-06-2020

Bharat Forge has raised Rs 500 crore through rated, listed, unsecured, redeemable, non-convertible debentures (NCDs) and allotted 5,000 NCDs having face value of Rs 1,000,000 each at par to the investors identified by the Committee of the Board at its meeting held on August 5, 2020.

The Committee of Board of the Company at its meeting held on August 6, 2020 has approved and allotted the same.

Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and many more components.

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