Current Date: 07 Nov, 2026

Kalyani Forge Approves ₹45 Cr FY27 Expansion & Funding Plan

The Board of Directors of Kalyani Forge has approved a ₹45 crore funding plan for FY27 to bolster working capital and drive the execution of new engine and wheel hub orders. The indicative funding mix includes approximately ₹10 crore via equity capital (subject to shareholder and regulatory approvals), ₹20 crore through term loans and working capital facilities from banking partners, and the balance via non-core asset monetization. Planned for phased implementation across FY27, this initiative aims to expand manufacturing capacity, strengthen financial flexibility, and support long-term business growth.

 

News by Rahul Yelligetti.

 

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Source : projxnews