Bharat Forge Ltd — Regulatory Filings 2019

Dec 26, 2019

December 26, 2019

BHARAT FORGE

To,

BSE Limited, National Stock Exchange of India Ltd., 1st Floor, New Trading Ring, 'Exchange Plaza', Rotunda Building, P.J. Towers, Bandra-Kurla Complex, Bandra (East) Mumbai- 400 051 Dalal Street, Fort, Mumbai - 400 001 Symbol: BHARATFORG BSE SCRIP CODE - 500493 Series: EQ

Dear Sir,

Sub: Intimation regarding Incorporation of Wholly-Owned Subsidiary of the Company.

We wish to inform you that the Company has promoted and incorporated a Wholly­ Owned Subsidiary Company - KAL Y ANI C:ENTRE FOR PRECISION TECHNOLOGY LIMITED (KCPTL) (CIN U29304PN2019PLC188666) on December 25, 2019.

The details as required under SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD4/2015 dated 9[th ] September, 2015 is given as under:

a)	Name of the target entity, details inbrief such as size, turnover etc.	Name:Kalyani Centre for Precision TechnologyLimited (KCPTL)Authorized Capital: Rs. 1,00,000/- divided into10,000 equity shares of Rs. 10/- eachIssued,Subscribed&Paid-upCapital:Rs. 1,00,000/- divided into 10,000 equity sharesof Rs. 10/- each.**Turnover:**NIL
b)	Whether the acquisition would fallwithin related party transaction(s)andwhetherthepromoter/promot�r group/ group companieshave any interest in the entity beingacquired?If yes, nature of interest and detailsthereof and whether the same isdone at"arm'slength";	Not Applicable
c)	Industry to which the entity beingacquired belongs;	Machining of engineering products.

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KALYANI GROUP COMPANY

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BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA. PHONE : +91 20 6704 2777 FAX: +91 20 2682 0699 (Export), 2682 2387 (Sales/Mktg) 2682 2163 (Materials) Website : www.bharotforge.com CIN No. L25209PN1961PLC012046

BHARAT FORGE

d)	Objects and efects of acquisition	Objects and efects of acquisition	KCPTL will be engaged	in the	business of
	(includingbutnotlimiteddisclosureofreasonsacquisition of target entity, if	to,forits	manufacturing,machining,assembles, frgings, castings,engines,crankshafs,gears,		fabricating,supplier ofmachinery,
	business is outside the main linebusiness of the listed entity);	of	vehicles,trucks, railwaycarriages, ships, aircrafs,	coaches,railwaytools, spares, parts
			and other engineering products.
			KCPTL will use advanced technologies to
			undertake its objectives.
			This will help the Company to		expand its
			business.
e)	Brief details of any governmental or		Not Applicable
	regulatory approvals required	for
	the acquisition;
f)	Indicativetimeperiod	for	Not Applicable
	completion of the acquisition;
g)	Nature of consideration - whether		Cash
	cash consideration or share swap
	and details of the same;
h)	Cost of acquisition or the price	at	Rs.1,00,000/- (10,000 equity shares of Rs. 10/-
	which the shares are acquired;		each).
i)	Percentageofshareholding/contrl acquired and I or number of		100% (99.94% by the Company + 0.06%thrugh Nominees of the Company)
	shares acquired;

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----- Start of picture text ----- KALYANIGROUP COMPANY----- End of picture text -----

BHARAT FORGE LIMITED MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA. PHONE : +91 20 6704 2777 FAX: +91 20 2682 0699 (Export), 2682 2387 (Soles/Mktg) 2682 2163 (Materials) Web,iJo : www.bharatforge.com CIN No. l25209PN1961PLC012046

BHARAT FORGE

j) Brief background about the entity Brief background 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);

The Company has promoted and incorporated Kalyani Centre for Precision Technology Limited to undertake the business of manufacturing, machining, fabricating, assembling, forging and casting activity of engines, crankshafts, gears, machinery, vehicles, trucks, railway coaches, railway carriages, ships, aircrafts, tools, spares, parts and other engineering products, by using advanced technology solutions.

Date of Incorporation: December 25, 2019

The turnover of KCPTL for past 3 years is as follows:

Since KCPTL is newly incorporated, this requirement is Not Applicable.

Kindly take the same on your record.

Thanking you,

For Bharat Forge Limited,

� T · eJaswm1 Ch au dh . ari Company Secretary & Compliance Officer

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KALYANI GROUP COMPANY

BHARAT FORGE LIMITED, MUNDHWA, PUNE 4l 1 036, MAHARASHTRA, 1ND1A. PHONE: +91 20 6704 2777 FAX: +91 20 2682 0699 !Export}, 2682 2387 ISales/Mktg) 2682 2163 !Materials) Wcbsiie ; www.bharotforge.com CIN No. L25209PN 1961 PLC012046