Bharat Forge Ltd — Capital/Financing Update 2026

Feb 18, 2026

February 18, 2026

B H A R A T F O R G E

To

BSE Limited Corporate Relations Department

Phiroze Jeejeebhoy Towers Dalal Street, Fort, Mumbai 400 001 Maharashtra, India Scrip Code: 500493

National Stock Exchange of India Limited Listing Department Exchange Plaza, Plot No. C/1, G Block Bandra Kurla Complex, Bandra (East) Mumbai 400 051, Maharashtra, India Symbol: BHARATFORG

Sub.: Press Release of the Company

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

Dear Sir / Madam,

Please find enclosed herewith, press release titled “ Bharat Forge and VVDN Technologies Sign MoU to Explore Strategic Collaboration Across Automotive, Defence and Data Centre Domains ”.

Kindly take the same on your record.

Thanking you,

Yours faithfully,

For Bharat Forge Limited

TEJASWINI Digitally signed by TEJASWINI RAMKRISHNA RAMKRISHNA CHAUDHARI Date: 2026.02.18 15:18:25 CHAUDHARI +05'30'

Tejaswini Chaudhari Company Secretary and Compliance Officer Membership No.: A18907

Encl.: As above

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

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

==> picture [112 x 45] intentionally omitted <==

==> picture [181 x 75] intentionally omitted <==

P R E S S R E L E A S E

Bharat Forge and VVDN Technologies Sign MoU to Explore Strategic Collaboration Across Automotive, Defence and Data Centre Domains

Pune, 18[th] February 2026 Bharat Forge a leading manufacturing and engineering company and VVDN Technologies, a global provider of product engineering and manufacturing services, have signed a Memorandum of Understanding (MoU) to record their broad understanding to explore a strategic collaboration across key technology-driven sectors.

Under the MoU, the parties intend to jointly pursue opportunities in next-generation technologies across the Automotive, Defence, AI, and Datacentre domains. The strategic partnership is established to drive innovation and jointly develop the next generation of products for Automotive, Defence, and AI server platforms, leveraging their complementary strengths in engineering, manufacturing, and technology innovation. In alignment with the rapidly evolving AI world, where breakthroughs in generative intelligence, autonomous systems, and sustainable compute are reshaping industries, this collaboration positions both parties to contribute meaningfully to the global AI ecosystem and harness its transformative potential for future-ready solutions.

By combining VVDN’s strengths in electronics design, software, system integration, and manufacturing with Bharat Forge’s expertise in advanced manufacturing and precision engineering, the two companies aim to explore the development of scalable, high-impact solutions aligned with evolving industry requirements and emerging technologies.

Bharat Forge Vice Chairman & Joint MD Mr. Amit Kalyani, said: ” This partnership enables us to leverage advanced technologies, accelerate innovation, and enhance the quality of solutions we deliver to our clients and stakeholders. By aligning with partners who share our vision for excellence, we create a robust ecosystem that fosters knowledge exchange, operational efficiency, and longterm value creation. Such alliances are integral to our strategy, ensuring that we remain competitive, future-ready, and capable of addressing the evolving needs of the markets we serve”

Puneet Agarwal CEO of VVDN, said: “ This partnership with Bharat Forge aligns with our vision of driving innovation through advanced engineering and digital technologies. By combining our product engineering and manufacturing strengths with Bharat Forges domain leadership, we aim to accelerate the development of next-generation solutions across automotive, defense and data center ecosystems, amongst other Next-Gen Technologies”

This strategic partnership underscores a shared commitment by Bharat Forge and VVDN Technologies to innovation, quality, and long-term collaboration, enabling accelerated development cycles and enhanced value creation for customers worldwide.

==> picture [112 x 45] intentionally omitted <==

==> picture [181 x 75] intentionally omitted <==

About Bharat Forge

Bharat Forge, founded in 1961 and headquartered in Pune, is a leading Indian multinational conglomerate with global operations. The Group has diversified businesses across engineering steel, automotive components, renewable energy, infrastructure, and specialty chemicals. Its flagship company, Bharat Forge, is among the world’s largest forging firms. Under the leadership of Chairman Baba Kalyani, the Group has also expanded into defense and aerospace, driving innovation and sustainability in manufacturing.

About VVDN Technologies

VVDN Technologies, founded in 2007 and headquartered in Gurugram, India, is a global product engineering and electronics manufacturing company. As an Original Design Manufacturer (ODM), it delivers end-to-end solutions across 5G, networking, automotive, IoT, vision-based AI/ML, and cloud domains. With design centres and manufacturing facilities in India and offices in the U.S., VVDN serves leading OEMs and technology companies worldwide.

More about Bharat Forge: htps://www.bharatorge.com/ More about VVDN Technologies: htps://www.vvdntech .com

Media Contact

Bhakti Sharma - Email: corporate.communication@bharatforge.com Arun Thankappan - Email: arun.thankappan@adfactorspr.com Girija Vedi : Email: girija.vedi@vvdntech.com

==> picture [363 x 257] intentionally omitted <==