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 Corporate - Announcements
Bharat Forge to raise Rs 750 cr

Mumbai, Aug. 18

Pune-based Bharat Forge plans to raise $150 million (Rs 750 crore) to meet its long-term financial requirements. In a filing to the BSE, the company said its board had approved raising funds, subject to necessary approvals being obtained, on Tuesday. The money would be raised through issue of equities or equity-linked securities on terms decided by the board.

— Our Bureau

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Bharat Forge to raise Rs 750 cr

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