Apr 30, 2026ACQUISITIONNashik, India Bharat Forge acquires 30% stake in Fortuna Engineering for ₹129.6 crore
Bharat Forge Ltd acquired a 30% stake in Fortuna Engineering Pvt Ltd at an equity value of ₹129.60 crore, with an option to acquire an additional stake up to 20% plus one share.
Productsprecision-machined engine components
“Bharat Forge Ltd (BFL), a Pune-based manufacturing company, on Thursday said it will acquire a 30 per cent stake in Fortuna Engineering Pvt Ltd (FEPL) at an equity value of ₹129.60 crore, subject to final closing adjustments.”manufacturing.economictimes.indiatimes.com
- 4 sources
- manufacturing.economictimes.indiatimes.comBharat Forge Acquires 30% Stake in Fortuna Engineering for ₹129.6 Crore, ETManufacturingETManufacturing DeskApr 30, 2026
- thehindubusinessline.comBharat Forge to acquire 30% stake in Fortuna Engineering under strategic partnership - The HinduBusinessLineBL Pune BureauApr 30, 2026
- aviation-defence-universe.comBharat Forge Limited to acquire 30% stakeHarmeet SinghMay 1, 2026
- globalautoinsight.comBharat Forge Acquires Stake in Fortuna Engineering to Strengthen Engine Components PortfolioGlobal Auto Insight Editorial TeamMay 1, 2026
Summarized from public sources; check the original articles before acting on it.
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