MO Alts sells Rs 307.6 Cr worth shares in Happy Forgings
MO Alts (formerly Motilal Oswal PE), via Business Excellence Trust III, has sold 26.86 lakh shares (equivalent to a 2.84 percent stake) in publicly listed auto components maker Happy Forgings for INR 307.6 crore.
In Sep-2018, MO Alts , invested INR 200 crore in Happy Forgings. The company went public in Dec-2023, as part of which MO Alts made a partial exit. It subsequently sold shares via the public market in 2024 and 2025.For FY25, Happy Forgings had reported about INR 1,409 Cr in Operating Income and about INR 267 Cr in PAT.
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