BHARAT FORGE: SUBSIDIARY COMPLETES DIVESTMENT OF 50% STAKE IN REFU… — TRADERS ADDA — TG.ME

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BHARAT FORGE: SUBSIDIARY COMPLETES DIVESTMENT OF 50% STAKE IN REFU DRIVE

• Subsidiary Kalyani Powertrain Ltd (KPTL) has completed divestment of its entire 50% equity stake in REFU Drive GmbH.

• Stake sold to REFU Elektronik GmbH.

• Following the divestment, REFU Drive is no longer a joint venture of KPTL.

t.me/TradersAddaBySMA/6911

September 2, 2026 505