24 Mar 17 | 15:36
BHARAT FORGE LTD.
Bharat Forge Ltd reply to clarification sought by the exchange |
The Exchange had sought clarification from Bharat Forge Ltd with respect to news article appearing in Business Standard on February 04, 2015 titled "Bharat Forge's SEZ plan hits legal hurdle"
Bharat Forge Ltd replied stating " We wish to inform that Bharat Forge Limited holds 5% equity shares of Project Company i.e. Khed Economic Infrastructure Private Limited (KEIPL). Apart from its equity holding in the Project Company, Bharat Forge Limited is not involved in said project in any manner".
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24 Mar 17|15:36 (IST)