Bharat Forge Ltd — Capital/Financing Update 2026

Mar 11, 2026

B H A R A T F O R G E

March 11, 2026

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.: Investment in Bharat Forge Global Holding GmbH (“BFGH”)

Ref.: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”)

Dear Sir / Madam,

We refer to our earlier intimations dated November 14, 2022, and August 8, 2024, with regard to investments and/or guarantees to be provided to its foreign subsidiaries, stepdown subsidiaries of such foreign subsidiaries and associates. In this regard, we would like to inform you that the Company has made an investment in Bharat Forge Global Holding GmbH, a wholly owned subsidiary by way of contribution to capital reserve amounting to Rs. 1600.35 million / € 15 million.

The details as required under Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, and such other circulars as applicable, is enclosed as Annexure .

Kindly take the same on your record.

Thanking you,

Yours faithfully,

For Bharat Forge Limited

TEJASWINI Digitally signed by TEJASWINI RAMKRISHNA RAMKRISHNA CHAUDHARI Date: 2026.03.11 CHAUDHARI 20:48:07 +05'30'

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

Encl.: As above

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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

B H A R A T F O R G E

Annexure

Disclosure of information pursuant to Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026

Particulars	Details
Name of the target entity, details in brief such as size, turnover etc.	Bharat Forge Global Holding GmbH (“BFGH”) BFGH was incorporated on December 15, 2003, and is a wholly owned subsidiary of Bharat Forge Limited (“the Company”) based in Germany. It is the holding company for overseas investments undertaken by the Company. BFGH had a turnover of € 6.50 million for the period January 2024–December 2024.
Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”	BFGH is a Related Party of the Company. The proposed investment is in the nature of Related Party Transactions and will be on an arm’s length basis. Mr. Amit Kalyani, Mr. Subodh Tandale and Mr. Dipak Mane of the Company are on the Advisory Board of BFGH. Other than this, none of the Company’s promoter/ promoter group /group companies have any interest in the proposed investment.
Industry to which the entity being acquired belongs	BFGH is a holding company having investments in manufacturing subsidiaries in Germany, Sweden and France.
Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity)	Operations of the company
Brief details of any governmental or regulatory approvals required for the acquisition	Requisite approvals have been obtained.
Indicative time period for completion of the acquisition	The investment will be completed by March 11, 2026.

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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

B H A R A T F O R G E

Particulars	Details
Consideration - whether cash consideration or share swap or any other form and details of the same	Cash
Cost of acquisition and/or the price at which the shares are acquired	€ 15 million (Rs. 1600.35 million) to be invested in the form of Equity Capital Infusion.
Percentage of shareholding / control acquired and / or number of shares acquired	The Company will continue to hold 100% of Equity Capital of BFGH.
Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief)	BFGH was incorporated on December 15, 2003, and is a wholly owned subsidiary of the Company based in Germany. It is the holding company for overseas investments undertaken by the Company. It does not have presence in any other country. BFGH’s turnover for the last 3 years is as follows: January 2024 – December 2024: € 6.50 million January 2023 – December 2023: € 5.11 million January 2022–December 2022: € 6.28 million

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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