Bharat Forge Ltd — Regulatory Filings 2021

Jul 2, 2021

July 02, 2021

BHARAT FORGE

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 Ltd., 'Exchange Plaza', Bandra-Kurla Complex, Bandra (East) Mumbai- 400 051 Symbol: BHARATFORG Series: EQ

Sub: Updates on Voluntary Retirement Scheme of the Company

Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Madam,

With reference to our intimation dated June 04, 2021 regarding implementation of Voluntary Retirement Scheme at the Company's plant located at Chakan Location, effective from June 04, 2021, we wish to inform you that 210 employees opted for the Scheme which involved overall pay-out cost of Rs.63.32/- Crores.

We request you to kindly take the same on record.

Thanking you,

Yours faithfully, For Bharat Forge Limite � Te haudhari � Company Secretary

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KALYANI GROUP COMPANY

BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036, MAHARASHTRA, IND/A. PHONE: +91 20 6704 2777 FAX: +91 20 26�2 0699 (Export), 2682 2387 (Sales/MktgJ 2682 2163 (Materials) Website : www.bharatforge.com C/N No. L25209PN1961PLC012046