Bharat Electronics Ltd. — Capital/Financing Update 2018

Sep 5, 2018

To

National Stock Exchange of India Ltd., Exchange Plaza, Plot No. C/1,G Block, Bandra-Kurla Complex, Bandra (E) Mumbai - 400 051

No. 17565/6/SE/NSEC/SEC 5^th September, 2018

भारत इलेक्ट्रॉनिक्स BHARAT ELECTRONICS भारत इलेक्ट्रॉनिक्स लिमिटेड (भारत सरकार का उद्यम, रक्षा मंत्रालय) पंजीकृत कार्यालय:

आउटर रिंग रोड, नागवारा, बेंगलूर - 560 045, भारत

Bharat Electronics Limited

(Govt. of India Enterprise, Ministry of Defence) Registered Office: Outer Ring Road, Nagavara, Bangalore - 560 045, INDIA. CIN: L32309KA1954GOI000787 टेलीफैक्स/Telefax: +91 (80) 25039266 ई-मेल/E-mail : secretary@bel.co.in वेब/Web : www.bel-india.com

Dear Sir/Madam,

Sub: Press Release.

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we are enclosing herewith a copy of the press release titled 'BEL Order Book Crosses ₹ 50,000 Crores', being issued to the press.

This is for your information and record.

Thanking you,

Yours faithfully, for Bharat Electronics Ltd

S Sreenivas Company Secretary

Encl: As stated above.

QUALITY. TECHNOLOGY. INNOVATION.

Press Release

BEL order book crosses ₹ 50K Cr mark

Bangalore, September 5, 2018: A ₹9,200 crore order for supply of seven Long Range Surface-to-Air Missile (LRSAM) systems has pushed the order book of Navratna Defence PSU Bharat Electronics Ltd (BEL) beyond ₹50,000 crore for the first time in history of BEL as on September 5, 2018.

The Company is confident that this is just a beginning and is looking at maintaining a healthy order inflow with business segments such as Radars & Weapon Systems, Electronic Warfare Systems, Fire Control Systems, Communication Systems and C4I Systems driving its growth in the coming days.

Highest ever single value order

BEL has entered into contracts worth about ₹ 9,200 crore with Mazagon Dock Limited (MDL) and Garden Reach Shipbuilders and Engineers (GRSE) to supply LRSAM systems to be fitted onboard seven ships to be built by these two shipbuilders. This is the highest-ever single value order bagged by BEL.

Mrs Anandi Ramalingam, Director (Mktg), BEL, signed the contracts on behalf of BEL with MDL and GRSE.

As the lead integrator of Akash Missile system, BEL has already proven its prowess in the realm of Turnkey Missile Systems. The Company is now geared up for futuristic programmes such as the Quick Response Surface to Air Missile (QRSAM) for the Army, Medium Range Surface to Air Missile (MRSAM) for the Indian Air Force and Long Range Surface to Air Missile (LRSAM) for the Indian Navy. BEL is the lead integrator of LRSAM systems for the Navy's P-17A stealth frigates.

BEL will continue its indigenisation efforts in line with the 'Make in India' initiative. Strategies and action plans are in place to face competition, maintain its technological edge and retain its leadership position in strategic electronics.

Photo caption:

Mrs Anandi Ramalingam, Director (Mktg), BEL, Mr D R Kulkarni, ED (PSC), MDL, Mumbai, and Mr Venkatesh Murthy, GM (Material), GRSE, Kolkata, pose for a photo along with other officers after signing contracts on behalf of BEL, MDL and GRSE, for supply of LRSAM systems to be fitted onboard seven ships to be built by MDL and GRSE.

ASHISH KANSAL SR DGM (CORP.COMM)