Bharat Forge Ltd — Capital/Financing Update 2020

Aug 6, 2020

BHARAT FORGE

August 6, 2020

To,

SSE 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

Dear Sir,

Sub: Allotment of 5,000 rated, listed, unsecured, redeemable, non-convertible debentures bearing a face value of INR 1,000,000 (Rupees One Million only) each, aggregating to INR 5,000,000,000 (Rupees Five Thousand Million Only) on private placement basis ("Issue").

With reference to our intimation to stock exchanges dated July 29, 2020 and pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Committee of Board of the Company at its meeting held today i.e. August 6, 2020 at the registered office of the Company, approved the allotment of 5,000 rated, listed, unsecured, redeemable, non-convertible debentures (the "NCDs") bearing a face value of INR 1,000,000/- (Indian Rupees One Million only) each, at par to the investors identified by the Committee of the Board at its meeting held on August 5, 2020, aggregating to INR 5,000,000,000/- (Indian Rupees Five Thousand Million Only).

Particulars	Terms
Listing	Proposed to be listed on National Stock
	Exchan e of India Limited
Size of the Issue	INR 5,000,000,000/- (Indian Rupees Five
	Thousand Million Onl
Tenor
Cou on offered
Schedule of payment of coupon/interest and	Coupon/interest shall be payable annually,
principal	on the following dates:
	Date
	06 Aur::iust 2021
	05 August 2022
	04 Auqust 2023
	06 August 2024
	06 August 2025

==> picture [34 x 35] intentionally omitted <==

==> picture [52 x 16] intentionally omitted <==

----- Start of picture text -----

KALYANI
GROUP COMPANY
----- End of picture text -----

==> picture [82 x 82] intentionally omitted <==

BHARAT FORGE LIMITED, MUNDHWA, PUNE 41 l 036, MAHARASHTRA, INDIA. PHONE: +91 20 6704 2777 FAX: +91 20 2682 0699 (Export), 2682 2387 (Sales/Mktg) 2682 2163 (Materials) Website : www.bharotforge.com CIN No. L25209PN 1961 PLC012046

BHARAT FORGE

Principal amount shall be payable on the followin dates: Date Re a ment Rs. 04 Au ust 2023 1,00,00,00,000 06 August 2024 1,50,00,00,000 06 Au ust 2025 2,50,00,00,000 Date of allotment and date of redemption Allotment date: 6 August 2020 Redem tion date: Date Re a ment Rs. 04 August 2023 1,00,00,00,000 1,50,00,00,000 2,50,00,00,000 Charge/ Security, if any created over the Unsecured assets Special right/interest/privileges attached to None the instrument and chan es thereof Delay in payment of interest / principal Nil amount for a period of more than three months from the due date or default in a ment of interest / rinci al Details of any letter or comments regarding NA payment/non-payment of interest, principal on due dates, or any other matter concerning the security and /or the assets alon with its comments thereon, if an Details of redemption of debentures Redem tion date: Date Re a ment Rs. 1,00,00,00,000 1,50,00,00,000 06 August 2025 2,50,00,00,000 Redemption amount:

(1) At the end of 36th month from Date of Allotment: 20% of principal, at par (2) At the end of 48th month from Date of Allotment: 30% of principal, at par (3) At the end of 60th month from Date of Allotment: 50% of principal, at par

==> picture [82 x 100] intentionally omitted <==

==> picture [54 x 55] intentionally omitted <==

----- Start of picture text -----

�
�
KALYANI
GROUP COMPANY
----- End of picture text -----

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 {Moterials) Website : www.bharatlarge.com CIN Na. l25209PN1961PLC012046

BHARAT FORGE

We request you to take on record and the same be treated as compliance under the applicable clauses(s) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Teja "ni Chaudhari Company Secretary

==> picture [34 x 34] intentionally omitted <==

==> picture [53 x 15] intentionally omitted <==

----- Start of picture text -----

KALYANI
GROUP COMPANY
----- End of picture text -----

BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA. PHONE : +91 20 6704 2777 FAX : +91 20 2682 0699 (Export), 2682 2387 (Sales/Mktg) 2682 2163 (Materials) Website : www.bharatfarge.com CIN Na. l25209PN1961PLC012046