Bharat Forge informed the stock exchanges that the Delhi High Court has dismissed an appeal filed by Mr. T K Jain. The court upheld a previous order that set aside an arbitral award, resolving a key litigation matter for the forging major.

Court proceedings and timeline

The Hon'ble Division Bench of the Delhi High Court passed the dismissal order on October 1, 2026. The company received this order on October 7, 2026. The appeal challenged the Single Judge's decision from May 26, 2025, which had already ruled in favor of Bharat Forge by setting aside the arbitral award in question.

This development follows earlier intimations provided by the company on August 14, 2023, and May 27, 2025. The recent court order effectively concludes the appellate stage of this specific legal dispute regarding the arbitration outcome.

Disclosure details

Bharat Forge stated that the detailed disclosures required under Regulation 30 read with Schedule III of the Listing Regulations were previously provided in the intimation dated May 27, 2025. These disclosures now stand amended to reflect the Division Bench's dismissal of the appeal.

The company confirmed that the matter is now settled at this judicial level, with no further immediate steps mentioned in the filing.

Bharat Forge has signed a long-term agreement with Pratt & Whitney Canada for the supply of aerospace engine components, with manufacturing set to take place at an advanced facility in India.

Deal overview

The agreement positions Bharat Forge as a supplier of aerospace engine parts to Pratt & Whitney Canada, a recognised name in the global aerospace industry. The manufacturing operations will be carried out at an advanced facility located in India, underscoring the company's commitment to building domestic aerospace manufacturing capabilities.

India as an aerospace manufacturing base

The deal highlights the growing role of India-based facilities in aerospace component production. By anchoring manufacturing within India, the agreement contributes to the development of the country's aerospace manufacturing skills and industrial capacity.

Strategic significance

The partnership with Pratt & Whitney Canada marks a notable development for Bharat Forge's aerospace segment. The long-term nature of the agreement provides a sustained engagement in the aerospace supply chain, with production capabilities being established at a dedicated facility in India.