Bharat Forge Ltd — Capital/Financing Update 2024

Mar 20, 2024

B H A R A T F O R G E

March 20, 2024

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

Dear Sir/Madam,

Subject: Intimation under Regulations 30 and 51 of SEBI (Listing Obligations and – Disclosure Requirements) Regulations, 2015 Allotment of rated, listed, unsecured, redeemable, non-convertible debentures

This is with reference to our intimation dated March 13, 2024 wherein we had informed about the decision taken by the Investment Committee – Strategic Business of the Company (“ Committee ”) to raise funds amounting to Rs. 1,250,000,000/- (Rupees One Thousand Two Hundred and Fifty Million only) by way of issuance of rated, listed, unsecured, redeemable, non-convertible debentures (“ NCDs ”), on a private placement basis.

In furtherance thereof, please note that the Committee has, at its meeting held today i.e., March 20, 2024 at 11:30 a.m. and concluded at 12:00 p.m., approved the allotment of the NCDs bearing a face value of Rs. 1,00,000 each, aggregating to 1,250,000,000/- (Rupees One Thousand Two Hundred and Fifty Million only) to investors identified by the Committee at its meeting held on March 19, 2024.

Kindly take the same on record.

Thanking you,

Yours faithfully,

For Bharat Forge Limited

TEJASWINI Digitally signed by TEJASWINI RAMKRISHNA RAMKRISHNA CHAUDHARI Date: 2024.03.20 15:09:04 CHAUDHARI +05'30'

Tejaswini Chaudhari Company Secretary & Compliance Officer

==> picture [46 x 46] intentionally omitted <==

BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA. PHONE: + 91 20 6704 2476 / 2777 (Secretarial) Fax 020 2682 2163 CIN L25209PN1961PLC012046 Email: secretarial@bharatforge.com WEBSITE: www.bharatforge.com