Bharat Forge Limited has announced a substantial investment of Rs 1,100.45 million in its wholly owned German subsidiary, marking a significant capital infusion to strengthen its overseas operations. The investment disclosure, made under Regulation 30 of SEBI Listing Regulations on January 30, 2026, demonstrates the company's commitment to expanding its global presence through strategic subsidiary investments.

Investment Details

The investment specifics reveal a comprehensive capital strengthening initiative for the German subsidiary:

About Bharat Forge Global Holding GmbH

Bharat Forge Global Holding GmbH (BFGH) serves as the strategic holding company for Bharat Forge's overseas investments. Incorporated on December 15, 2003, and based in Germany, BFGH functions as the central entity managing the parent company's international manufacturing subsidiaries across Germany, Sweden, and France.

The subsidiary's financial performance shows consistent operational activity:

Regulatory and Governance Framework

The investment falls under related party transaction guidelines, with the company ensuring arm's length transaction principles. The governance structure includes key personnel from Bharat Forge on BFGH's Advisory Board, specifically Mr. Amit Kalyani, Mr. Subodh Tandale, and Mr. Dipak Mane. The company has confirmed that requisite regulatory approvals have been obtained for this capital infusion.

Strategic Impact

This investment reinforces Bharat Forge's strategy of strengthening its overseas operations through its established holding company structure. BFGH's role as the central holding entity for manufacturing subsidiaries in key European markets positions it as a crucial component of the company's international expansion framework. The capital infusion supports the subsidiary's operational requirements while maintaining the parent company's complete ownership control.

The disclosure follows previous intimations dated November 14, 2022, and August 8, 2024, regarding investments and guarantees for foreign subsidiaries, indicating a systematic approach to overseas capital deployment. This latest investment demonstrates continued confidence in the European market operations and the strategic value of maintaining strong subsidiary capitalization.

Bharat Forge Limited's Aerospace Division has achieved a major breakthrough in India's defence modernisation by securing contracts worth approximately ₹300.00 crores under the Emergency Procurement-VI (EP-VI) framework. The announcement, made on January 16, marks a significant milestone for the company's indigenous defence capabilities.

Contract Details and Platforms

The secured contracts encompass a comprehensive range of indigenous unmanned systems designed for critical military operations. The deal covers both Indian Army and Navy requirements, focusing on advanced technological solutions for modern warfare.

These platforms have been specifically developed for India to meet urgent operational requirements across diverse terrains and mission profiles, supporting the nation's strategic defence objectives.

Army Day Parade Showcase

A significant highlight occurred during the Army Day Parade held in Jaipur on January 15, where the Omega One was prominently displayed onboard an upgraded BMP-2 infantry fighting vehicle. This showcase provided validation of Bharat Forge's capabilities in front of India's defence leadership, demonstrating the practical integration of indigenous unmanned systems with existing military infrastructure.

Technology and Innovation Focus

Bharat Forge's unmanned portfolio represents a rapidly evolving technological ecosystem with several advanced features. The company continues to integrate advanced autonomy, artificial intelligence, and data-driven decision-making systems to improve mission endurance, precision, and survivability in contested environments.

Key technological capabilities include:

• Advanced autonomy capabilities
• Artificial intelligence integration
• Enhanced mission endurance and precision
• Improved survivability in contested environments
• EW (Electronic Warfare) resistance capabilities

Recent Major Contract Achievement

The company recently signed its largest ever small arms contract with the Ministry of Defence on December 31, for the supply of indigenously designed and developed CQB carbines, valued at ₹1,661.90 crores. This achievement further strengthens Bharat Forge's position in India's defence manufacturing ecosystem.

Stock Performance and Market Response

Bharat Forge shares demonstrated strong market performance, trading 0.73% higher at ₹1,457.80. The stock has delivered impressive returns, gaining 18.34% over the past six months, reflecting investor confidence in the company's defence capabilities and contract wins.

Leadership Perspective and Strategic Vision

Mr. Amit Kalyani, Vice Chairman & Joint Managing Director, emphasized the significance of these achievements: "This dual achievement securing EP-VI contracts and showcasing Omega One at Army Day reaffirms BFL's commitment to Atmanirbhar Bharat. We are proud to equip our Armed Forces with India specific, EW resistant, homegrown unmanned systems."

The contracts underscore Bharat Forge's alignment with India's Atmanirbhar Bharat vision, leveraging enhanced domestic production capacity to ensure faster delivery timelines while maintaining quality, reliability, and scalability standards. The company continues sustained investments in design, manufacturing, and next-generation autonomy stacks, positioning itself as a key player in India's unmanned and autonomous systems ecosystem.