Bharat Forge Limited completes Rs 746.46 crore acquisition of AAM India to boost auto and EV components
In a major move to expand its automotive manufacturing and electric vehicle (EV) component capabilities, Bharat Forge Limited (BFL) has successfully completed the acquisition of AAM India Manufacturing Private Limited for an equity value of Rs 746.46 crore. The acquisition, initially announced on October 17, 2024, was finalised following regulatory approval from the Competition Commission…