Bharat Forge Ltd — Board/Management Information 2021

Nov 13, 2021

BHARAT FORGE

November 13, 2021

To,

BSE Limited, 1st Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street, Fort, Mumbai - 400 001 BSE SCRIP CODE - 500493

National Stock Exchange of India Ltd.,

'Exchange Plaza', Bandra-Kurla Complex, Bandra (East) Mumbai- 400 051 Symbol: BHARATFORG Series: EQ

Sub: Resignation of Directors

Ref: Regulation 30 Part A of Schedule Ill of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Madam,

In continuation to our intimation dated November 12, 2021 and in pursuance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), this is to further inform you that:

• a. The Company is in receipt of resignation letter from Mr. P. C. Bhalerao (DIN: 00037754), Non-Executive Non-Independent Director resigning from his position with effect from close of business hours on November 12, 2021.

Consequent to his resignation, Mr. P. C. Bhalerao has also ceased to be the Chairperson of the Stakeholders' Relationship Committee and Member of the Audit Committee, Nomination and Remuneration Committee and Finance and Risk Management Committee with effect from close of business hours on November 12, 2021.

• b. The Company is in receipt of resignation letter from Mr. S. M. Thakore (DIN: 00031788), Non­ Executive Independent Director resigning from his position with effect from close of business hours on November 12, 2021 due to his preoccupation. In his resignation letter dated November 12, 2021, Mr. S. M. Thakore has confirmed that there are no material reasons other than those mentioned by him for his resignation.

Consequent to his resignation, Mr. S. M. Thakore has also ceased to be Member of the Audit Committee and Nomination and Remuneration Committee with effect from close of business hours on November 12, 2021.

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KALYANI
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BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA. PHONE:+ 91 20 6704 2476 6704 2451 6704 2544 (Secretarial) Fax 020 2682 2163 Email: secretarlal@bharatforge.cm WEBSITE: www.bharatforge.com CIN L25209PN1961PLC012046

BHARAT FORGE

The details as required under Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 are as follows-

Resignation of Mr. P. C. Bhalerao (DIN: 00037754) as Non-Executive Non-Independent Director on the Board of the Company:

Pariculars		Disclosure
Reason for change viz. resignation		Mr. P. C. Bhalerao has resigned from the Board of Directors of the Company owing to his personal reasons.
Date of cessation		With efect from close of business hours on November 12, 2021.

Resignation of Mr. S. M. Thakore (DIN: 00031788) as Non-Executive Independent Director on the Board of the Company:

Pariculars Reason for change	Disclosure Mr. S. M. Thakore has resigned from the Board of Directors of
viz. resignation	the Company on account of his preoccupation due to other
	professional commitments.
	He has confirmed that there are no material reasons other than
	those mentioned by him fr his resignation.
Date of cessation	With effect from close of business hours on November 12, 2021.

We request you to kindly take the same on record.

Thanking you. Yours fait lly, t Forge Limited, Tej s mi Chaudhari Company Secretary

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KALYAN I

BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA. PHONE:+ 91 20 6704 2476 6704 2451 6704 2544 (Secretarial) Fax 020 2682 2163 Email: secr�rarlal@bharJtforge mm WEBSITE: www.bharatforge..com CIN L25209PN1961PLC012046