Bharat Forge500493New investment
Bharat Forge invests Rs. 2,400 million in KSSL; KSSL to further invest up to Rs. 1,630 million in AEL
By ScoutQuest · · 1 min read
100%KSSL shareholding in AEL
- Investment in KSSL
- Rs. 2,400 million invested in equity shares of KSSL by way of rights issue
- Further Investment in AEL
- not exceeding Rs. 1,630 million to be further invested by KSSL in AEL equity shares
- Shareholding
- Wholly owned subsidiary (100%)
- Target
- Kalyani Strategic Systems Limited (KSSL); Agneyastra Energetics Limited (AEL)
- Transaction
- Further investment in wholly owned subsidiary and step-down subsidiary by way of
Bharat Forge invests Rs. 2,400 million in KSSL; KSSL to further invest up to Rs. 1,630 million in AEL.
AEL incorporation
Board approval of investment
Allotment of KSSL shares on or before
Scheduled completion of AEL investment on or before
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More numbers
- Investment in KSSL equity sharesRs. 2,400 million
- KSSL's proposed investment in AELRs. 1,630 million
- KSSL shareholding in AEL100%
- ConsiderationRs. 2,400 million
Source: BSE · 16 Oct 2026
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