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Bharat Forge Ltd — Capital/Financing Update 2020
Jun 29, 2020
61415_rns_2020-06-29_fedf65be-ff6f-4231-b383-65a8146e9d4a.pdf
Capital/Financing Update
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June 29, 2020
BHARAT FORGE
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: Financial impact of Voluntary Retirement Scheme introduced by the Company
Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
This is with reference to our letter dated March 12, 2020 regarding implementation of Voluntary Retirement Scheme of the Company.
We wish to inform you that 33 employees opted for Voluntary Retirement Scheme of the Company involving overall pay-out cost of Rs. 5.06/- Crore.
We request you to kindly take the same on record.
Thanking you,
Yours faithfully, For Bharat Forge Limited, If Teja�dhari Company Secretary
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KALYANI GROUP COMPANY
BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA. PHONE: +91 20 6704 2777 FAX: +91 20 2682 0699 {Exporl). 2682 2387 (S0les/Mk19) 2682 2163 {Moleriols) Websile : www.bhorolforge.com CIN No. L25209PN1961PLC012046