Bharat Forge Ltd — Capital/Financing Update 2022

Apr 2, 2022

April 02, 2022

BHARAT FORGE

To,

BSE Limited, National Stock Exchange of India Ltd., 1st Floor, New Trading Ring, 'Exchange Plaza', Rotunda Building, P.J. Towers, Bandra-Kurla Complex, Sandra (East) Dalal Street, Fort, Mumbai- 400 051 Mumbai - 400 001 Symbol: BHARATFORG BSE SCRIP CODE - 500493 Series: EQ

Sub: Intimation of outcome of Investment Committee - Strategic Business w.r.t. approval of fund raising

Dear Sir/Madam,

In furtherance of our intimation dated March 30, 2022, we wish to inform you that the Investment Committee - Strategic Business of the Company, has in its meeting held on April 02, 2022, discussed and approved the following -

• a. Issuance of 2,000 listed, rated, unsecured, redeemable, non-convertible debentures of face value INR 1,000,000/- (Indian Rupees One Million Only) each, aggregating to INR 2,000,000,000/- (Indian Rupees Two Thousand Million Only) on a private placement basis;

• b. Availing of unsecured term loan up to an amount of INR 2,000,000,000/- (Indian Rupees Two Thousand Million Only).

We request you to kindly take the same on record.

Thanking you,

Yours faithfully, For Bharat Forge Limited, t Teja · i Chaudhari Company Secretary and Compliance Officer

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KALYAN I

BHARAT FORGE LIMITED, MUNDHWA, PLINE 411 036, MAHARASHTRA, INDIA. PHONE:+ 91 206704 2 476 6704 2777 (Secretarial) Fax 020 2682 216 3 CIN L25209PN1961PLC012046 Email: secretarial@bharatforge.com WEBSITE: www.bharatforge.com