Bharat Forge Limited has announced that its wholly owned subsidiary BF Industrial Solutions Limited has completed the acquisition of a 90% stake in RS Aerostructures Limited. The disclosure was made to the stock exchanges on June 24, 2026 under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. BF Industrial Solutions is a wholly owned subsidiary of Bharat Forge.
BF Industrial Solutions acquired 36,00,000 equity shares of RS Aerostructures at a face value of Rs 10 each at par. The total consideration for the acquisition is Rs 3.60 crore. The acquired stake constitutes 90% of the paid-up share capital of RS Aerostructures on a fully diluted basis. The total paid-up capital of RS Aerostructures stands at Rs 4 crore, comprising 40,00,000 equity shares.
Bharat Forge had previously intimated the stock exchanges about the proposed acquisition on April 17, 2026. The earlier disclosure had outlined the plan to acquire 90% of RS Aerostructures through BF Industrial Solutions.
Following the completion of the transaction, RS Aerostructures has become a step-down subsidiary of Bharat Forge Limited with effect from June 24, 2026. BF Industrial Solutions, which holds the 90% stake in RS Aerostructures, is a wholly owned subsidiary of Bharat Forge.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.