# Bharat Forge to acquire 30% stake in Fortuna Engineering for ₹130 crore

Bharat Forge Ltd signed an agreement to acquire a 30% equity stake in Fortuna Engineering Private Ltd for ₹129.60 crore, with an option to increase to 50% plus 1 share. Fortuna Engineering is a Nashik-based machining company for automotive and off-highway components.

- Type: Acquisition
- Announced: 2026-04-30
- Where: Nashik, India
- Value: $1.55M (129.6M INR)
- Status: announced
- Products: machined connecting rods, camshafts, fixtures
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Bharat Forge Limited](https://endata.com/companies/19597.md) (acquirer)
- [Fortuna Engineering Private Ltd](https://endata.com/companies/91653.md) (target)

## Sources

- [cnbctv18.com](https://www.cnbctv18.com/market/stocks/bharat-forge-share-price-to-acquire-30-stake-in-fortuna-engineering-for-rs-130-crore-ws-l-19896815.htm), 2026-04-30: "Bharat Forge Ltd on Thursday (April 30) said it has signed a Share Purchase Agreement (SPA) and Shareholders’ Agreement (SHA) to acquire a 30% equity stake in Fortuna Engineering Private Ltd for an aggregate consideration of ₹129.60 crore, through a cash transaction."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.