Bharat Forge Ltd — Regulatory Filings 2021

May 4, 2021

To,

1st Floor, New Trading Ring, 'Exchange Plaza', Dalal Street, Fort, Mumbai- 400 051 Mumbai - 400 001 Symbol: BHARATFORG BSE SCRIP CODE – 500493 Series: EQ

BSE Limited, National Stock Exchange of India Ltd.,

Rotunda Building, P.J. Towers, Bandra-Kurla Complex, Bandra (East)

Dear Sir/Madam,

Sub:Reporting of violations under the Code of Conduct for Insider Trading and Fair Disclosure of Unpublished Price Sensitive Information of the Company

Ref: SEBI/HO/ISD/ISD/CIR/P/2020/135 circular dated July 23, 2020

With reference to the above, please find enclosed herewith report on violations under the Code of Conduct for Insider Trading and Fair Disclosure of Unpublished Price Sensitive Information of the Company by the Designated Persons and/or their immediate relatives.

This is for your information.

Thanking you,

Yours faithfully, For Bharat Forge Limited

CHAUDHARI Tejaswini RAMKRISHN A Digitally signed by CHAUDHARI Tejaswini RAMKRISHNA Date: 2021.05.04 13:58:21 +05'30'

Tejaswini Chaudhari Company Secretary

BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA. PHONE: + 91 20 6704 2476 6704 2777 (Secretarial) Fax 020 2682 2163 CIN L25209PN1961PLC012046 Email: secretarial@bharatforge.com WEBSITE: www.bharatforge.com

B H A R A T F O R G E

Reporting on Insider Trading violation under Schedule B read with Regulation 9 (1) of SEBI (Prohibition of Insider Trading) Regulations, 2015

SN	Particulars	Details
1.	Nameofthelistedcompany/	Bharat Forge Limited
2.	Intermediary/FiduciaryPlease tick appropriate checkboxReporting in capacity of :√ Listed CompanyIntermediary	Listed Company
	Fiduciary
3.	A. Details of Designated Person (DP)
	i.Name of the DP	Rajesh Kulkarni	Ashwin Mahajan	Phani Koundinya
	ii.PAN of the DP	AIYPK0133E	AATPM1676M	AEJPN1181Q
	iii.Designation of DP	Vice President –Maintenance(ClosedDieForgedDivisionCDFD),ForgedModernizationDivision 2	VicePresident:Machine ComponentsDivisionMaintenance1 (MCD-1)	AssociateVicePresident,ChairmanandManagingDirector'sOffice
	iv.Functional Role of DP	Maintenance,UpgradationofForging&Processinglinesin CDFD Division	Headingalltheactivities of MCD-I	Workingcloselywith leadership onstrategic initiativesand special project
	v.Whether DP is PromoterorbelongstoPromoterGroup	No	No	No
	B. If Reporting is for immediate relative of DP
	i.Name of the immediate relativeof DP	Jyoti Kulkarni(Spouse of DP)	SwatiMahajan(Spouse of DP)	NA
	ii. PAN of the immediate relative ofDP	ASQPK7382R	ASFPM4581P	NA
	C. Details of transaction(s)
	i.Name of the scrip	BharatForgeLimitedBSE-500493NSEBHARATFORG	Bharat Forge LimitedBSE-500493NSE-BHARATFORG	BharatForgeLimitedBSE-500493NSEBHARATFORG
	ii.No of shares traded and value(Rs.) (Date-wise)	Sold 110 sharesatRs. 51,480on October 09,2020.	Sold 2 shares at Rs.1,310 on February03, 2021.	Bought 5 sharesat Rs. 3000.75on 19, March,2021

B H A R A T F O R G E

SN	Particulars	Details
	D. In case value of trade(s) is more than Rs.10 lacs in a calendar quarter
	i.Date of intimation of trade(s) byconcernedDP/director/promoter/promotergrouptoCompanyunder	NA	NA	NA
	regulation7ofSEBI(PIT)Regulations, 2015
	ii.Date of intimation of trade(s) byCompany to stock exchangesunder regulation 7 of SEBI (PIT)Regulations, 2015	NA	NA	NA
4.	Details of violations observed underCode of Conduct	Immediate relativeofDPtradedduring the tradingwindowclosureperiod(TradingwindowwasclosedfromOctober 1, 2020till November 13,2020).	Immediate relative ofDP traded during thetradingwindowclosureperiod(Trading window wasclosed from January 1,2021 to February 15,2021).Italsofallsundercontratradewithin a period of sixmonths.	DP executed contratradewithinaperiodofsixmonths
5.	Action taken by Listed company/Intermediary/ Fiduciary	TheCompanytook the followingactions:a.Soughtexplanationinwritingforthesaidviolation;andb. Issued warningagainst any futureviolation.	TheCompanytookthe following actions:a. Sought explanationin writing for the saidviolation; andb.Issuedwarningagainstanyfutureviolation.	The Company tookthefollowingactions:a.Soughtexplanationinwriting for the saidviolation; andb.Issuedwarningagainst any futureviolation.
6.	Reasons recorded in writing fortaking action stated above	Warningissuedconsideringtheamountinvolvedand the fact thatthis was afirsttime violation by	Warningissuedconsideringtheamount involved andthe number of sharesbeingnominalanddone inadvertently.	Warningissuedconsideringtheamountinvolvedand the fact thatthis was afirst timeviolation by the DP

BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA. PHONE: + 91 20 6704 2476 6704 2777 (Secretarial) Fax 020 2682 2163 CIN L25209PN1961PLC012046 Email: secretarial@bharatforge.com WEBSITE: www.bharatforge.com

CHAUDHA RI Tejaswini RAMKRISH NA Digitally signed by CHAUDHARI Tejaswini RAMKRISHNA Date: 2021.05.04 14:02:14 +05'30'

SN	Particulars		Details
			the DP and done		anddone
			inadvertently.		inadvertently.
7.	Details of the previous instances of		None	One previous instance	Oneprevious
	violations, if any, since last financial			reported as follows:	instancereported
	year				as follows:
				Immediate relative of
				DP bought 2 shares	DPbought10
				duringthetrading	shares during the
				window closure period	tradingwindow
				i.e.onJanuary18,	closure period i.e.
				2021	on April 08, 2020
8.		If any amount collected for Code of Conduct violation(s)
	i. Mode of transfer to SEBI -	IPEF	None
	(Online/Demand Draft)
	ii. Details of transfer/ payment
	In case of online:NA
	Particulars	Details
	Name of transferor	-
	Bank Name, branch and	-
	Account number
	UTR/Transaction	-
	reference Number
	Transaction Date	-
	TransactionAmount(in	-
	Rs.)
	In case of Demand Draft (DD): NA
	Particulars	Details
	Bank name and branch	-
	DD Number	-
	DD Date	-
	DD Amount (in Rs.)	-
9.	Any other relevant informationNone			None	None

BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA. PHONE: + 91 20 6704 2476 6704 2777 (Secretarial) Fax 020 2682 2163 CIN L25209PN1961PLC012046 Email: secretarial@bharatforge.com WEBSITE: www.bharatforge.com