Bharat Forge Ltd — Capital/Financing Update 2020

Jul 29, 2020

BHARAT FORGE

July 29, 2020

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, Sandra (East) Mumbai- 400 051 Symbol: BHARATFORG Series: EQ

Sub: Outcome of Board Meeting

Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Madam,

This is to inform you that the Board of Directors of the Company in its Meeting held on Wednesday, July 29, 2020 have discussed and approved the issuance of 5,000 listed, rated, unsecured, redeemable, non-convertible debentures of face value INR 1,000,000/- (Indian Rupees One Million Only) each, aggregating to INR 5,000,000,000/- (Indian Rupees Five Thousand Million Only) on a private placement basis.

The Board Meeting commenced at I 2 : 00 �M and concluded at \2: 2D PM

We request you to kindly take the same on record.

Thanking you,

Yours faithfully, For Bharat Forge Limited, ;: Tej(t:audhari Company Secretary

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BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA. PHONE: +91 20 6704 2777 FAX : +91 20 2682 0699 (Export). 2682 2387 (Soles/Mktg) 2682 2163 (Materials) Website : www.bhorotforge.com CIN No. l25209PN 1961 PlC012046