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Bharat Forge Ltd M&A Activity 2025

Jul 2, 2025

61415_rns_2025-07-02_6def7218-7052-40b3-b9e6-4c4deb3c4e59.pdf

M&A Activity

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B H A R A T F O R G E

July 02, 2025

To BSE Limited Corporate Relations Department Phiroze Jeejeebhoy Towers Dalal Street, Fort, Mumbai 400 001 Maharashtra, India

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

Scrip Code: 500493

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,

In continuation with our stock exchange intimation June 30, 2025 we would like to inform you that Bharat Forge Limited has successfully concluded acquisition of 100% shareholding in AAM India Manufacturing Private Limited (AAM India).

Please find enclosed herewith, press release titled “ Bharat Forge successfully completes acquisition of AAM India Manufacturing Private Limited”.

Kindly take the same on your record.

Thanking you,

For Bharat Forge Limited

Digitally signed by TEJASWINI TEJASWINI RAMKRISHNA RAMKRISHNA CHAUDHARI CHAUDHARI Date: 2025.07.02 14:16:35 +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 2850 (Secretarial) Fax : 020 2682 2163 Email : [email protected] Website : www.bharatforge.com

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

Bharat Forge successfully completes acquisition of AAM India Manufacturing Private Limited.

Pune, 2[nd] July, 2025 : In continuation to the announcement of 17[th] October 2024, and post receiving approval from CCI on 22[nd] April 2025 for the transaction, BFL successfully concluded the acquisition of AAM India Manufacturing Private Limited (AAM India) at an Equity Value of Rs 7,464.6 million including Cash on books of the acquired entity of Rs 1,894.8 million. This cash is available for addressing future growth opportunities.

The final equity value is subject to Net Working Capital adjustments as of June 30, 2025.

We are acquiring an entity which has a formidable name in the automotive products space supplying to all major OEM across traditional and New Mobility technology. This acquisition will enable us to complement our component offerings with products solutions to OEMs in India & Globally.

About Bharat Forge

Bharat Forge Limited (BFL), a Pune-based Indian multinational, is a technology driven global leader in providing high performance, innovative safety critical components and solutions for several sectors including automotive, power, oil and gas, construction & mining, rail, marine, defense and aerospace. BFL has presence across 18 manufacturing locations in five countries with the largest repository of metallurgical knowledge and offers full service supply capability to its geographically dispersed marquee customers from concept to product design, engineering, manufacturing, testing and validation. To learn more, visit www.bharatforge.com

Media Contact:

Bhakti Sharma - Email: [email protected] | Contact: +91 70309 42840 Arun Thankappan - Email: [email protected] | Contact: +91 99308 60706