Bharat Forge secures 23% stake in JS Auto
pre-market1 source ↓written by the desknot a recommendation
- acquiring
- 23% stake
- ₹300 cr
- at ₹2
- 1 equity share
- at the same
- 14,25,794 CCPS
Bharat Forge's subsidiary, J S Auto Cast Foundry, completed a strategic investment with PI Opportunities Fund I, acquiring 23% stake for ₹300 cr. The deal involved 1 equity share at ₹2,104.09 and 14,25,794 CCPS at the same price. This partnership aims to enhance growth and innovation opportunities for JS Auto.
Not investment advice. For informational purposes only.