Shardul Amarchand Mangaldas & Co. advises Kotak Mahindra Capital, Morgan Stanley India and Nomura on ₹2,000 crore Qualified Institutions Placement by Bharat Forge Ltd.
A portion of this QIP’s proceeds is proposed to be used for financing capital expenditure towards defence equipment capabilities. SAM also previously advised the lead managers on Bharat Forge’s ₹1,650 crore QIP in December 2024.