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Kalyani Powertrain divested its 50% stake in REFU Drive GmbH to REFU Elektronik GmbH
02-Sep-2026, 12:52

Kalyani Powertrain Limited has completed the divestment of its entire 50% equity stake in REFU Drive GmbH to REFU Elektronik GmbH, effectively ending the joint venture relationship, according to a regulatory filing by Bharat Forge Limited on September 2, 2026.