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08 Sep 2014 | |
Bharat Forge Ltd has informed BSE that the Company has divested its 50 per cent stake in Impact Automotive Solutions Limited, which was formed, earlier in 2010 as a JV with KPIT Technologies Limited. The JV was formed for the manufacture of hybrid solutions for automotive. The stake was sold by the Company to the other JV Partner, KPIT Technologies Limited, for Rs. 10.80 crs against an initial investment of Rs. 14.91 crs. | |
View all announcements for BHARAT FORGE LTD. | Source: BSE India |