Bharat Forge declares ₹2 interim dividend, approves merger & re-appoints directors
Bharat Forge declared an interim dividend of ₹2 per share, payable by March 12, 2026. The Board approved the merger of Ferrovia Transrail Solutions Private Limited with BF Infrastructure Limited. Mr. B. P. Kalyani and Mr. S. E. Tandale were re-appointed as Executive Directors for five years. The company also noted the cessation of Mr. Sumeet Banga.
The merger of subsidiaries and dividend declaration are significant corporate actions. The re-appointment of directors provides management stability. Financial results also released.
The company declared an interim dividend and approved a merger, indicating positive corporate actions. The re-appointment of directors also signifies stability.
Bharat Forge Limited announced the outcome of its Board Meeting held on February 12, 2026. The Board approved the un-audited financial results for the quarter and nine months ended December 31, 2025. An interim dividend of ₹2 per equity share was declared, payable on or before March 12, 2026, with a record date of February 18, 2026.
The Board also approved the re-appointment of Mr. B. P. Kalyani and Mr. S. E. Tandale as Whole-Time Directors (Executive Directors) for a further period of 5 years, effective May 23, 2026, subject to member approval via postal ballot.
Furthermore, the company approved the merger of its step-down wholly owned subsidiary, Ferrovia Transrail Solutions Private Limited (FTSPL), with its wholly owned subsidiary, BF Infrastructure Limited (BFIL). The Board also noted the cessation of Mr. Sumeet Banga as Senior Management Personnel (President and CEO – Industrial business) effective February 12, 2026.
Standalone Revenue from operations for Q3 FY26 stood at ₹20,836.60 million, with a profit after tax of ₹2,880.41 million. Consolidated Revenue from operations was ₹43,429.34 million, with a profit after tax of ₹2,728.02 million for the same period.
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Bharat Forge Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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