Bharat Forge Ltd — Capital/Financing Update 2026

Apr 9, 2026

B H A R A T F O R G E

April 9, 2026

To

BSE Limited National Stock Exchange of India Limited Corporate Relations Department Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1, G Block Dalal Street, Fort, Mumbai 400 001 Bandra Kurla Complex, Bandra (East) Maharashtra, India Mumbai 400 051, Maharashtra, India Scrip Code: 500493 Symbol: BHARATFORG

Sub.: Outcome of the Board Meeting held on April 9, 2026

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

Dear Sir / Madam,

Pursuant to Regulation 30 of the Listing Regulations, we wish to inform you that the Board of Directors of Bharat Forge Limited (“Company”), at its meeting held on Thursday, April 9, 2026, reviewed and evaluated a proposal for the phased restructuring of the steel forging operations of Bharat Forge CDP GmbH (“BF CDP”), its wholly owned subsidiary located in Ennepetal, Germany. The proposal may include an orderly wind ‑ down and solvent liquidation of BF CDP, in accordance with applicable German laws. This is being considered in light of the market challenges and the associated cost disadvantages faced by BF CDP in Germany.

To facilitate the proposed restructuring, the Board has approved a financing arrangement of up to EUR 30 million.

The Board has delegated the necessary authorities to its sub ‑ committee to oversee further evaluation and implementation. Subsequent developments will be communicated to the Exchanges in accordance with the Listing Regulations.

The Board Meeting commenced at 12:30 P.M. and concluded at 12:50 P.M.

Kindly take the same on your record.

Yours faithfully,

For Bharat Forge Limited

TEJASWINI Digitally signed by TEJASWINI RAMKRISHNA RAMKRISHNA CHAUDHARI Date: 2026.04.09 CHAUDHARI 13:00:48 +05'30' Tejaswini Chaudhari Company Secretary and Compliance Officer Membership No.: A18907

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CIN L25209PN1961PLC012046

BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA. PHONE: + 91 20 6704 2476 6704 2451 6704 2544 (Secretarial) Fax 020 2682 2163 Email: secretarial@bharatforge.com WEBSITE: www.bharatforge.com