Bharat Forge Ltd — Major Shareholding Notification 2020

Jun 6, 2020

End भारतीय प्रतिभूति और विनिमय बोर्ड
Bi Securities and Exchange Board of India

Format for Disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Part-A- Details of the Acquisition

Name of the Target Company (TC)	Bharat Forge Limited
Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer	Hermes Investment Management Limited Federated Hermes, Inc. (ultimate parent company)
Whether the acquirer belongs to Promoter/Promoter group	No
Name(s) of the Stock Exchange(s) where the shares of $TC$ are Listed	NSE / BSE
Details of the acquisition as follows	Number	% w.r.t. total share/voting capital wherever $applicable(*)$	% w.r.t. total diluted share/voting capital of the TC $(**)$
Before the acquisition under consideration, holding of acquirer along with PACs of:
Shares carrying voting rights a) Shares in the nature of encumbrance (pledge/lien/ b) non-disposal undertaking/others) Voting rights (VR) otherwise than by equity shares c) d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category)	23,214,940	4.987%
Total $(a+b+c+d)$ e)	23,214,940	4.987%
Details of acquisition
Shares carrying voting rights acquired a) b) VRs acquired otherwise than by equity shares Warrants/convertible securities/any other instrument c) that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each	288,089	0.062%

End भारतीय प्रतिभूति और विनिमय बोर्ड
Bi Securities and Exchange Board of India

category) acquired Shares in the nature of encumbrance (pledge/lien/ d) non-disposal undertaking/others) Total $(a+b+c+/-d)$ e)	288,089	0.062%
After the acquisition, holding of acquirer along with PACs of:
Shares carrying voting rights a) b) VRs otherwise than by equity shares Warrants/convertible securities/any other instrument c) that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition Shares in the nature of encumbrance (pledge/lien/ d) non-disposal undertaking/others) Total $(a+b+c+d)$ e)	23,503,029 23,503,029	5.049% 5.049%
Mode of acquisition (e.g. open market / public issue / rights issue / preferential allotment / inter-se transfer/encumbrance, etc.)	Open Market
Salient features of the securities acquired including time till redemption, ratio at which it can be converted into equity shares, etc.	N/A
Date of acquisition of date of receipt of intimation of allotment of shares / VR/ warrants/convertible securities/any other instrument that entitles the acquirer to receive shares in the TC.	01.06.2020
Equity share capital / total voting capital of the TC before the said acquisition	465,518,412
Equity share capital/total voting capital of the TC after the said acquisition	465,518,412
Total diluted share/voting capital of the TC after the said acquisition	N/A

. भारतीय प्रतिभूति और विनिमय बोर्ड Bi Securities and Exchange Board of India

Part-B***

Name of the Target Company: Bharat Forge Limited

An V- Min

Signature of the acquirer / Authorised Signatory

Place: Pittsburgh, Pennsylvania, United States

Date: June 5, 2020

Note:

(*) Total share capital/voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement.

(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

(***) Part-B shall be disclosed to the Stock Exchanges but shall not be disseminated.