Bharat Forge Limited CC-Jun24.pdf · 2024-08-08
Sir, I just wanted to ask one question, what kind of approval we have got from the government just now, just few days back we announced for our subsidiary KSSL? Amit Kalyani In the beginning there was no KSSL about 13, 14 years ago. So, originally, we had got licenses in the name of Bharat Forge. We have got a lot of our defense licenses in the name of Bharat Forge. So, now that we have a wholly owned subsidiary called KSSL, all the licenses that we have got from the Ministry of Home Affairs for defense manufacturing, which requires specific licenses have now been obtained for KSSL, so all that business will be in KSSL.
Okay. And sir, in continuation of that sir, when the operation will be commenced? Amit Kalyani KSSL is an operating entity, but the new plant that we are building we will start by around October.