Bharat Forge Board Approves Financial Results, New SMP

The Board of Directors at Bharat Forge approved the unaudited financial results for Q2 FY26 on November 11, 2025. They also designated Mr. Laxmiprasad Jahagirdar as Senior Management Personnel (SMP). The board has also authorized raising up to ₹20,000 million through debt instruments. Details of the financial performance and organizational changes are included in the company’s latest filing.

Financial Performance Approved

Bharat Forge’s Board of Directors has officially approved the Unaudited Financial Results, both standalone and consolidated, for Q2 FY26, ending September 30, 2025. These results were reviewed by BSR & Co. LLP, the company’s statutory auditors. A copy of the Limited Review Report is included as Annexure 1.

Fund Raising Authorized

The board has given its approval for raising funds up to ₹20,000 million. This will be executed through term loans, non-convertible debentures, or other debt instruments. Authority has been delegated to the Investment Committee for strategic business decisions related to this fundraising.

Senior Management Appointment

Mr. Laxmiprasad Jahagirdar, currently President and COO of Manufacturing Operations, has been appointed as Senior Management Personnel (SMP), effective November 11, 2025.

Source: BSE

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