Bharat Forge has decided to acquire a newly formed Company within Kalyani Group named Kalyani Powertrain Private Limited (KPPL). Bharat Forge plans to undertake Electric Vehicle (EV) business initiatives including further opportunities (organic as well as inorganic) through a Special Purpose Vehicle (SPV) which would be a wholly-owned subsidiary of the Company. Taking the initiatives […]
Bharat Forge to undertake electric vehicle biz through wholly-owned unit
As an initial step, the company has decided to acquire newly formed group firm Kalyani Powertrain Pvt Ltd (KPPL), Bharat Forge said in a regulatory filing. Auto components firm Bharat Forge on Tuesday said it intends to undertake electric vehicle (EV) business through a special purpose vehicle, which would be a wholly-owned subsidiary of the […]