Bharat Forge Ltd — Regulatory Filings 2021

Jun 15, 2021

June 14, 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 Limited 'Exchange Plaza', Bandra-Kurla Complex, Bandra (East) Mumbai- 400 051 Symbol: BHARATFORG Series: EQ

Dear Sir,

Sub.: Annual Secretarial Compliance Report for FY 2020-21

Pursuant to the Regulation 24A of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we attach herewith the Annual Secretarial Compliance Report of the Company for FY 2020-21, issued by M/s. SVD & Associates, Company Secretaries.

Kindly take the same on record.

Thanking you,

Yours faithfully,

For Bharat Forge Limited Te�haudhari Company Secretary

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KALYANI GROUP COMPANY

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.bhcratforge.com CIN No. l25209PN 1961 PLC012046

SVD & Associates ( ·0111p;111\ Secrl'lat ie� 503, Ashok Sankul - II, Range Hill Road, Pune - 411 007 Ph. : 8484035465. E-mail: deulkarcs@gmail com ~~i;~~

Secretarial compliance report of Bharat Forge Limited for the year ended March 31, 2021

To,

Bharat Forge Limited Mundhwa Pune Cantonment Pune MH 411036 IN,

We SVD & Associates have examined:

• a) all the documents and records made available to us by electronic mode, in view of the prevailing Pandemic situation of COVID -19 and explanation provided by Bharat Forge Limited("the listed entity"),

b) the filings/ submissions made by the listed entity to the stock exchanges,

c) the website of the listed entity,

d) other document/ filing, as may be relevant, which has been relied upon to make this certification,

for the year ended March 31, 2021("Review Period") in respect of compliance with the provisions of:

• a) the Securities and Exchange Board of India Act, 1992 ("SEBI Act") and the Regulations, circulars, guidelines issued thereunder; and

• b) the Securities Contracts (Regulation) Act, 1956 ("SCRA"), rules made thereunder and the Regulations, circulars, guidelines issued thereunder by the Securities and Exchange Board of India ("SEBI");

The specific Regulations, whose provisions and the circulars/ guidelines issued thereunder, have been examined, include:-

• a) Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("LODR");

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• b) Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements), Regulations,2018 (not applicable to the Company during the review Period);

• c) Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011;

• d) The Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018(not applicable to the Company during the review Period);

• e) Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014(not applicable to the Company during the review Period);

• f) Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008;

• g) Securities and Exchange Board of lndia(lssue and Listing of Non-Convertible and Redeemable Preference Shares) Regulations,2013 (not applicable to the Company during the review

Period);

• h) Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015;

• i) Securities and Exchange Board of lndia(Depositories and Participant) Regulation, 2018

• j[)] The Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 1993 regarding the Companies Act and dealing with client;

• and circulars/ guidelines issued thereunder;

and based on the above examination, we hereby report that, during the Review Period:

• (a) The listed entity has complied with the provisions of the above Regulations and circulars/

• guidelines issued thereunder, except in respect of matters specified below:-

Sr. No.	Compliance Requirement Deviations (Regulations/ circulars/guidelines including specific clause)	Compliance Requirement Deviations (Regulations/ circulars/guidelines including specific clause)	Observations/ Remarks of the Practicing Company Secretary
1.	NIL	NIL	NIL

• (b) The listed entity has maintained proper records under the provisions of the above Regulations

• and circulars/ guidelines issued thereunder in so far as it appears from our examination of those records.

• (c) The following are the details of actions taken against the listed entity/ its promoters/ directors/

material subsidiaries either by SEBI or by Stock Exchanges(including under the Standard Operating Procedures issued by SEBI through various circulars) under the aforesaid Acts/ Regulations and circulars/ guidelines issued thereunder:

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Sr. Action taken by Details of violation Details of action No. taken E.g. fines, warning letter, debarment, etc.	Sr. Action taken by Details of violation Details of action No. taken E.g. fines, warning letter, debarment, etc.	Sr. Action taken by Details of violation Details of action No. taken E.g. fines, warning letter, debarment, etc.	Sr. Action taken by Details of violation Details of action No. taken E.g. fines, warning letter, debarment, etc.	Sr. Action taken by Details of violation Details of action No. taken E.g. fines, warning letter, debarment, etc.	Sr. Action taken by Details of violation Details of action No. taken E.g. fines, warning letter, debarment, etc.	Sr. Action taken by Details of violation Details of action No. taken E.g. fines, warning letter, debarment, etc.	Observations/ remarks of the Practicing Company Secretary,if any
1.			NIL	NIL NIL			NIL
{d) The listed entity has taken the following actions to comply with the observations made in previous reports: Sr. Observations of the Observations Actions taken by Comments of the No. Practicing Company madeinthe the listed entity, if Practicing Company Secretar in the previous secretarial any Secretar on the actions repors compliance taken by the listed entity repor for the year ended(The years are to be mentioned) 1. NIL NIL NIL NIL
Sr. No.	Observations of the Observations Practicing Company madeinthe Secretar in the previous secretarial repors compliance repor for the year ended(The years are to be mentioned)				Actions taken by the listed entity, if any	Comments of the Practicing Company Secretar on the actions taken by the listed entity
1.		NIL NIL			NIL	NIL

{e) The company has suitably included the conditions as mentioned in Para 6{A) and 6(8) ofthe SEBI Circular CIR/CFD/CMDl/114/2019, dated October 18, 2019 in the terms of appointment/re­ appointment of statutory auditor of the Company.

For SVD & Associates

Company Secretaries

SRIDHAR ���-=i':1SHNA GOPALKRISHNA MUDAUAR MUDAUAR D;ite:202106DI IIJ7:12

Sridhar G Mudaliar

Partner FCS No: 6156 CP No: 2664

Place: Pune Date: June 01, 2021

UDIN : F006156C000404917

Note:

We have relied on the documents and evide_nces provided by electronic mode, in view of prevailing pandemic situation of Covid-19, for the purpose of issuing this certificate.

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