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Bharat Forge subsidiary J S Auto to acquire ISML’s SEZ unit in Erode

By Pallavi Madhiraju on January 2, 2023 Auto and Transport Industry News

Bharat Forge said that its step-down subsidiary J S Auto Cast Foundry India has entered into a business transfer agreement to acquire an SEZ unit in SIPCOT, Erode from Indo Shell Mould Limited (ISML). The financial terms of the deal were not disclosed. The SEZ unit to be acquired has a capacity of 42,000 MTPA […]

Bharat Forge wraps up Rs 490cr acquisition of JS Auto Cast Foundry India

By Pallavi Madhiraju on July 2, 2022 Metals and Mining Industry News

Bharat Forge and its subsidiary BF Industrial Solutions have wrapped up the previously announced INR 489.63 crores acquisition of JS Auto Cast Foundry India. Founded in 2004, JS Auto Cast Foundry India is a ductile iron foundry that has been manufacturing raw and machined castings. The iron foundry is located in Kuppepalayam, Coimbatore. Recently, JS […]