Bharat Dynamics Limited — Capital/Financing Update 2020

Dec 31, 2020

BHARAT DYNAMICS LIMITED

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BHARAT DYNAMICS LIMITED

(A Govt. of India Enterprise, Ministry of Defence)

CIN :- L24292TG1970GOI001353

Corporate Office: - Plot No. 38-39, TSFC Building, Near ICICI Towers, Financial District, Nanakramguda, Hyderabad-500032 Registered Office: - Kanchanbagh, Hyderabad-500058 Tel: 040-23456145; Fax: 040-23456110

e-mail: investors@bdI-india.in; website: www.bdl-india.in

Ref: BDL/CS/2020/SE-58

Date: 31/12/2020

To, To, The Manager The Manager Compliance Department Compliance Department The National Stock Exchange of India Ltd BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Tower, Bandra-Kurla Complex, Bandra (East) Dalai Street, Mumbai- 400051 Mumbai- 400001

Scrip Code / Symbol : 541143/ BDL

Dear Sir / Madam,

- Subject: Media Release Reg.

• 1) Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we are enclosing herewith a copy of media release titled “BDL gears up to take up Akash export orders”.

• 2) This is for your information and records please.

Thanking you,

Yours faithfully For Bharat Dynamics Limited

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N.Nagaraja Company Secretary

BHARAT DYNAMICS LIMITED (A Govt. of India Enterprise under Ministry of Defence) Corporate Office: Gachibowli, Hyderabad

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BDL/104/BD – CC/MR/04 31 Dec., 2020

MEDIA RELEASE

BDL gears up to take up Akash export orders

Akash Weapon System (file photo)

With the announcement from the Union Cabinet regarding clearance of Akash Weapon System for Export, Bharat Dynamics Limited (BDL), the manufacturer of Akash Missile is geared up to take up export order. Given the export potential and demand of Akash in the international market, BDL has been promoting the product at various forums including national and international exhibitions The missile being offered for exports will be of a different version. BDL is already supplying Torpedoes to a foreign country.

The Akash Weapon System, designed and developed by DRDO with 96% indigenous content, is being manufactured by BDL at its Hyderabad Unit with a large number of supply chain partners which include DPSUs, MSMEs and private industry. Akash Missile has the capability to engage aerial threats upto the maximum range of 25 km and upto an altitude of 18 km., operating at a speed range of 1.8 to 2.5 Mach. The Missile has been successfully test fired on several occasions and meets the global standard of missiles of its category.

BDL manufactured Akash Missiles are already in the inventory of the Indian Army as well as Indian Air Force and the successful test firing results reaffirm the Company’s commitment to achieve the highest quality standards about product and support to its customers.

Commodore Siddharth Mishra (Retd), CMD , BDL stated that “the Company has received export leads for the Akash Weapon System. Now, with the export clearance accorded by the Government of India, BDL is set to expand its customer base in the international market. The Company is confident of meeting the export demand in addition to meeting requirements of the Indian Armed Forces, as BDL has adequate established production facilities.”

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