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Bharat Forge Invests in Refu Drive GmbH in Germany-The 21st China(Guangzhou) Int’l Forging Industry Exhibition
11/16/2019  锻造展- Forging Industry exhibition - Forging expo
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    Bharat Forge Limited announced that in continuation of intimation dated June 7, 2019, regarding execution of Joint Venture Agreement between the Company and Refu Electronik GmbH, Germany and its Affiliates / Promoters, REFU has incorporated a company under the laws of Germany in the name of Refu Drive GmbH and has fulfilled the conditions as mentioned in the Share Purchase Agreement and Joint Venture Agreement

Upon fulfillment of the conditions as mentioned in the Transaction Documents, the Company on September 19, 2019 has invested EUR 11.35 Million and acquired 50% stake in Refu Drive GmbH. 锻造展-第二十一届广州国际锻造工业展览会 -The 21st China(Guangzhou) Int’l Forging Industry Exhibition - Forging Industry exhibition, Forging Industry expo, 2020 Forging Industry exhibition, 2020 Forging Industry expo, China Forging Industry exhibition, China Forging Industry expo, Forging exhibition, Forging expo, 2020 Forging exhibition, 2020 Forging expo, China Forging exhibition, China Forging expo
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