06 Nov, 10:14 - Indian

SENSEX 80052.64 (0.72)

Nifty 50 24404.9 (0.79)

Nifty Bank 52371.65 (0.31)

Nifty IT 41579 (2.86)

Nifty Midcap 100 56829.75 (1.27)

Nifty Next 50 70833.35 (1.48)

Nifty Pharma 22904.8 (1.07)

Nifty Smallcap 100 18698.7 (1.06)

06 Nov, 10:14 - Global

NIKKEI 225 39357.16 (2.29)

HANG SENG 20459.26 (-2.61)

S&P 5897.75 (1.26)


Corporate News

You are Here : Home > News > Corporate News >

(08 Aug 2024, 18:47)

Board of Bharat Forge approves closure of its non-operational subsidiary in Israel

At meeting held on 08 August 2024


The Board of Bharat Forge at its meeting held on 08 August 2024 has approved the closure of Indigenous IL, a non-operational subsidiary of the Company. IL was incorporated as a wholly-owned subsidiary of the Company in Israel in 2018 to explore investment opportunities in various technology start-up companies. IL has not commenced any business since its incorporation. Thus, no capital was contributed into IL. The closure of IL has been approved since there are no future business plans envisaged in Israel.
More News
More Company News View Company Information