Bharat Forge has approved the transfer of the Companys stake in Refu Drive GmbH (Refu), Joint Venture (JV) company, to Kalyani Powertrain (KPL) (wholly owned subsidiary of the company) subject to receipt of necessary approval from regulatory authorities. The decision is part of the companys initiative to consolidate its electric vehicle business under KPL. Powered by Capital Market – Live News
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