05 Nov, 09:29 - Indian

SENSEX 78742.56 (-0.05)

Nifty 50 23983.7 (-0.05)

Nifty Bank 51185 (-0.06)

Nifty IT 40508.3 (0.21)

Nifty Midcap 100 55768.8 (-0.03)

Nifty Next 50 69235.2 (-0.26)

Nifty Pharma 22726.3 (0.39)

Nifty Smallcap 100 18424 (0.00)

05 Nov, 09:29 - Global

NIKKEI 225 38551.83 (1.31)

HANG SENG 20823.36 (1.24)

S&P 5757.25 (0.03)

Login/Signup

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