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Bharat Forge Ltd Regulatory Filings 2021

Dec 30, 2021

61415_rns_2021-12-30_4f8235e0-1bac-453a-8498-03e7b9c97c67.pdf

Regulatory Filings

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BHARAT FORGE

December 30, 2021

To,

BSE Limited,

1st Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street, Fort, Mumbai - 400 001 BSE SCRIP CODE - 500493

National Stock Exchange of India Limited 'Exchange Plaza', Bandra-Kurla Complex, Bandra (East) Mumbai- 400 051 Symbol: BHARATFORG Series: EQ

Dear Sir,

Sub.: Intimation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding implementation of Voluntary Retirement Scheme of the Company

Pursuant to Regulation 30 read with Schedule Ill of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we wish to inform you that the Company has on Thursday, December 30, 2021, announced a Voluntary Retirement Scheme (VRS) for its permanent eligible employees who have attained 40 years of age and have completed 10 years of service with the Company at its plants located at Mundhwa and Satara.

An update on the financial impact will be communicated upon conclusion of the Scheme.

Kindly take the same on record.

Thanking you,

Yours faithfully,

For Bharat Forge Limited T haudharl � Company Secretary

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KALYANI GROUP COMPANY

BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA. . Email : [email protected] Website : www.bharatforge.com PHONE +91 20 6704 2777 FAX: +91 20 2682 0699 !Export), 2682 2387 (Sales/Mktg) 2682 2163 (Materials) CIN No. L25209PN1961 PLC012046