Rs 5,700 Crore order book: Forging Company Completes Acquisition of AAM India to Strengthen OEM Product Offerings
The stock price has given 16 per cent returns in the last 3 months, while on a year-to-date basis, the stock is up by only 0.62 per cent.
Bharat Forge Limited (BFL) has announced the successful completion of its acquisition of 100 per cent shareholding in AAM India Manufacturing Private Limited (AAM India). This acquisition follows an initial announcement made on October 17, 2024, and subsequent approval from the Competition Commission of India (CCI) on April 22, 2025.
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The acquisition was finalised at an equity value of Rs 7,464.6 million. This figure includes a cash component of Rs 1,894.8 million present on the books of AAM India, which will be available for future growth opportunities. The final equity value remains subject to net working capital adjustments as of June 30, 2025.
Bharat Forge views this acquisition as a strategic move to enhance its product offerings. AAM India is recognised for its strong presence in the automotive products sector, supplying major Original Equipment Manufacturers (OEMs) across both traditional and new mobility technologies. This integration will allow Bharat Forge to provide more comprehensive product solutions to OEMs in India and globally.
About Company
Bharat Forge Limited (BFL) is a Pune-based Indian multinational recognised as a technology-driven global leader. The company specialises in providing high-performance, innovative, and safety-critical components and solutions across a diverse range of sectors. These sectors include automotive, power, oil and gas, construction and mining, rail, marine, defence, and aerospace. BFL operates with a global footprint, boasting 18 manufacturing locations across five countries. The company is known for its extensive metallurgical knowledge and offers full-service supply capabilities, guiding geographically dispersed customers from concept to product design, engineering, manufacturing, testing, and validation.
On Wednesday, the share price of Bharat Forge closed at Rs 1,311.40, up by 2.11 per cent. Looking at the performance, the stock price has given 16 per cent returns in the last 3 months, while on a year-to-date basis, the stock is up by only 0.62 per cent. In the last 12 months, the stock has declined by 21.41 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.