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Bharat Forge Ltd Regulatory Filings 2021

Feb 22, 2021

61415_rns_2021-02-22_b96b7721-60d8-4363-af59-8ed0aedc5425.pdf

Regulatory Filings

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February 22, 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, Sandra (East) Mumbai- 400 051 Symbol: BHARATFORG Series: EQ

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Sub: Reporting of violations under the Code of Conduct for Insider Trading and Fair Disclosure of Unpublished Price Sensitive Information of the Company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please find enclosed herewith report on violations under the Code of Conduct for Insider Trading and Fair Disclosure of Unpublished Price Sensitive Information of the Company by the Designated Persons and/or their immediate relatives.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 ;( Tej�haudhari Company Secretary

For Bharat Forge Limited

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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.bharatlorge.com CIN No. L25209PN1961PLC012046

BHARAT FORGE

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

SN **Pariculars ** Details
Bharat Forge Limited		 Details
Bharat Forge Limited		 Details
Bharat Forge Limited		 Details
Bharat Forge Limited		 Details
Bharat Forge Limited		 Details
Bharat Forge Limited
1. Name
of
the
IAt8FF98ia FytJis 1siaFj
2.
3.
4.
Ajit Palande
ABQPP4100R
Senior
Manager-
Production,
Plid Ctl
annng an onro
iv.
Functional Role of DP
v.
Whether DP is Promoter or belongs to
Promoter Group
B. If Reporting is for immediate relative of DP
Process and production planninq

No

i.
Name of the immediate relative of DP
NA
ii.
PANof the immediate relative of DP
NA
C. Details of transaction(s)
i.
Name of the scrip
Bharat Forge Limited
SSE-500493
NSE-BHARATFORG
ii. No of shares traded and value (Rs.) (Date-wise)
Sold shares as follows:
Date
QtyValue
13-Jan-
30
645.00
2021
13-Jan-
15
614.00
2021
D. In case value of trade(s) is more than Rs.10 lacs in a calendar quarter
i.
Date of intimation of trade(s) by concerned
NA
DP/director/promoter/promoter
group
to
Company under regulation 7 of SEBI (PIT)
Regulations, 2015
ii. Date of intimation of trade(s) by Company to
stock exchanges under regulation 7 of SEBI		 NA
(PIT) Regulations, 2015
Details of violations observed under Code of
DPtraded during the trading
Conduct
window closure period (Trading
window was closed from January
1, 2021 to February14, 2021).
observed under Code of DPtraded during the trading
window closure period (Trading
window was closed from January
1, 2021 to February14, 2021).
5. Action taken by Listed
Fiduciary		 company/ Intermediary/
The Company took the following
actions:
KALYANI
GROUP COMPANY

BHARAT FORGE

a. Sought explanation in writing for
the said violation; and
b. Issued warning against any		 a. Sought explanation in writing for
the said violation; and
b. Issued warning against any
future violation.
Reasons recorded in writing for taking action stated
Warning issued considering the
above
amount involved and the fact that
this was a first time violation by the
DP.
Details of the previous instances of violations, if
None
any, since last financialyear
If anyamount collected for Code of Conduct violation(s)
6.
7.
8.
i. Mode of transfer to SEBI - IPEF (Online/Demand
Draft)		 None
9. 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
-
Transaction Amount (in-
Rs.)
In case of Demand Draft (DD): NA
Particulars
Details
Bank name and branch
~~-~~
DD Number
~~-~~
DD Date
~~-~~
DD Amount (in Rs.)
~~-~~
Anyother relevant infrmation
None

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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.bharatforge.com CIN No. L25209PN 1961 PLCOl 2046

BHARAT FORGE

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

SN Pariculars
Name of the listed company/1-�:p---:�.,,c;:.-:-r		 Pariculars
Name of the listed company/1-�:p---:�.,,c;:.-:-r		 Pariculars
Name of the listed company/1-�:p---:�.,,c;:.-:-r		 Pariculars
Name of the listed company/1-�:p---:�.,,c;:.-:-r		 Details
Bharat Forge Limited
1.
2.
Please tick appropriate checkbox
Reporting in capacity of :
. Listed Company
Intermediary
Fiduciar
A. Details of Designated Person (DP)
3. Ashwin Mahajan

vi.
Name of the DP
vii.
PAN of the DP
viii.
Designation of DP
ix.
Functional Role of DP		 AATPM1676M
Vice Presidentp Machined
Component Division (MCDPI)

Heading all the activities of
MCDPI
No
X.
Whether DP is
Promoter
or
belongs
to
Promoter Group
B. If Reporting is for immediate relative of DP
i.
Name of the immediate relative of DP		 is
Promoter
or
belongs
to
p
Swati Mahajan (Spouse of
DP)
ASFPM4581P
Bharat Forge Limited
BSEP 500493
NSEP SHARA TFORG
Bought shares as follows:
Date
Qty Value
(per
share)
18PJanp 2
597.08
2021
ii.
C.
i.
ii.
D.		 PAN of the immediate relative of DP
Details of transaction(s)
Name of the scrip
No of shares traded and value (Rs.) (Datepwise)
In case value of trade(s)is more than Rs.1 O lacs in		 a
calendarquarter
NA
iii. Date of intimation of trade(s) by concerned
DP/director/promoter/promoter group to Company
under regulation 7 of SEBI(PIT)Regulations, 2015
iv. NA
4. Immediate relative of DP
traded during the trading
window
closure
period
(Trading window was closed
from January 1,
February14, 2021).
2021 to

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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/Mklg) 2682 2163 (Materials) Websile : www.bharatforge.com CIN No. l25209PN 1961 PLCOl 2046

BHARAT FORGE

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5. Action taken by Listed company/ Intermediary/ Fiduciary The Company took the
following actions:
a. Sought explanation in
writing for the said violation;
and
b. Issued warning against
any future violation.
6. Reasons recorded in writing for taking action stated Warning issued considering
above the amount involved and the
fact that this was a first time
violation by the DP.
7. Details of the previous instances of violations, if any, None
since last financial year
8. If any amount collected for Code of Conduct violation(s)
i. Mode of transfer to SEBI - IPEF (Online/Demand Draft) None
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 -
Transaction Amount (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 information I [None]
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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.bharatlorge.com CIN No. L25209PN1961PLC012046

BHARAT FORGE

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

SN
1.
2.
3.		 Pariculars
 Pariculars
 Pariculars
 Pariculars
 Details
Bharat ForgeLimited		 Details
Bharat ForgeLimited		 Details
Bharat ForgeLimited		 Details
Bharat ForgeLimited		 Details
Bharat ForgeLimited

Name of the listed company/.. ____ .J
,�;�
�:,
,		 ,

Please tick appropriate checkbox
Reporting in capacity of :
� Listed Company
Intermediary

Fiduciary
A. Details of Designated Person (DP)
Fiduciary
Sasi Ramkrishnan P
xi.
Name of the DP
xii.
PAN of the DP
xiii.
Designation of DP		 AAPPP0572K
Associate
Vice
Strategic Business		 President,
xiv.
Functional Role of DP
xv.
Whether DP is Promoter or belongsto
Promoter Group
B. If ReportinQis forimmediate relative of DP
Handling engineering functions of
CLWT (Centre for Light Weight
Technology)
No
B.
i.
Name of the immediate relative of DP		 Shinu Sasi (Spouse of DP)
ii. PAN of the immediate relative of DP
CXRPP9312G
C. Detailsof transaction(s) Bharat Forge Limited
BSE- 500493
NSE-BHARATFORG
i.

ii.
D.		 Name of the scrip d
No of shares traded and value (Rs.) (Date- wise) Bought
follows:
Nature
Buy
Sold		 and sold shares as

Date
Qty
Value
per
share
29-Dec-
100
521.90
2020
1-Jan-
100
528.00
2021
29-Dec-
100
521.90
2020
1-Jan-
100
528.00
2021
In case value of trade(s)is more than Rs.1 O lacs in a calendar quarter
4. v. Date of intimation of trade( s) by concerned
DP/director/promoter/promoter
group
to
Company under regulation 7 of SEBI (PIT)
Regulations,2015		 NA
NA
vi. Date of intimation of trade(s) by Company to
stock exchanges under regulation 7 of SEBI
(PIT)Regulations, 2015
Detailsofviolationsobserved under Codeof
Conduct

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KALYANI
GROUP COMPANY
----- End of picture text -----

BHARAT FORGE LIMITED MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA.

PHONE: +91 20 6704 2777 FAX: +91 20 2682 0699 (Exportl, 2682 2387 (Sales/Mktg) 2682 2163 (Materials)

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Website : www.bhorotforge.com CIN No. L25209PN1961 PLC012046

BHARAT FORGE

5. 2021 to February 14, 2021 );
and
b. Immediate relative executed
contra trade		 2021 to February 14, 2021 );
and
b. Immediate relative executed
contra trade		 2021 to February 14, 2021 );
and
b. Immediate relative executed
contra trade
Action taken by Listed company/ Intermediary/
Fiduciary
The Company took the following
actions:
a. Sought explanation in writing
for the said violation;
b. Issued warning against any
future violation; and
c. Instructed to disgorge profit
accrued through the transactions
amounting to Rs. 1,210/- plus
penaltyof Rs.500/-.
6.
7.
8.		 Reasons recorded in writing for taking action stated
above
The Company took aforesaid
actions considering the following:
a. Quantity traded being marginal;
b. DP did not possess any UPSI
at the time of trade;
c. First time violation by the DP/
immediate relative.
Details of the previous instances of violations, if any,
None
since last financial year
If anyamount collected for Code of Conduct violation(s)
i. Mode of transfer to SEBI - IPEF (Online/Demand
Draft)		 Remitted online
ii. Details of transfer/ payment
In case of online:
Particulars Details
Sasi R Puthanpurayil
ICICI-BANK,
Shivajinagar Branch,
Pune
003901062900
104917526545
18-02-2021
1, 710/­
Name of transferor
Bank Name, branch and
Account number
UTR/Transaction
reference Number
Transaction Date
Transaction Amount (in
Rs.)

� � 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/Mktgl 2682 2163 (Materials! Website : www.bharatforge.com

CIN No. L25209PN 1961 PLC012046

BHARAT FORGE

In case of Demand Draft (DD): NA

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Details
Particulars
Bank name and branch -
DD Number -
DD Date -
DD Amount (in Rs.) -
9. Any other relevant information I None
----- End of picture text -----

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KALYANI GROUP COMPANY

==> picture [9 x 50] intentionally omitted <==

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.bharatforge.com CIN No. l25209PN1961PLC012046

BHARAT FORGE

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


SEBI (Prohibition of Insider Trading) Regulations, 2015
SEBI (Prohibition of Insider Trading) Regulations, 2015
SEBI (Prohibition of Insider Trading) Regulations, 2015
SEBI (Prohibition of Insider Trading) Regulations, 2015
SN Particulars
Details
Name of the listed company/1
,,;_,, /C�.-·-P
Bharat Forqe Limited
--
-·J
-- - '
Please tick appropriate checkbox
Reporting in capacity of:
. Listed Company
Intermediary
Fiduciary
1.
2.
3.
4.		 A. Details of Designated Person (DP)
xvi.
Name of the DP		 SivasankaranM
xvii.
PANof the DP		 AJNPS5586K
xviii.
Designation of DP		 Retainer
xix.
Functional Role of DP		 Handling all secretarial and
admin work related to Closed
Die
Forge
Division
Department
xx.
WhetherDPisPromoter
Promoter Group
 or belongs to
i.
Name of the immediate relative of DP		 NA
ii.
PAN of the immediate relative of DP		 NA
C. Details of transaction(s)
i.
Name of the scrip		 Bharat Forge Limited
BSE- 500493
NSE-BHARATFORG
ii.
No of shares traded and value (Rs.) (Date- wise)		 Bought and sold shares as
per Annexure A
D. In case value of trade(s) is more than Rs.10 lacsin a calendarquarter
vii.Date ofintimation oftrade(s)byconcerned
February 17, 2021
DP/director/promoterpromoter group to Company
under regulation 7 of SEBI(PIT)Regulations,2015
February 17, 2021
viii.
Date of intimation of trade(s) by Company to
stock exchanges under regulation 7 of SEBI(PIT)
Regulations,2015		 February 17, 2021 to BSE
February 18, 2021 to NSE
�- DP
traded
during
the
trading
window
closure
period
(Trading
window
was closed from January 1,
2021 to February 14, 2021 );
b. DP executed contra-trade;
K. DP
executed
trade
in
excess of Rs. 1 O lakh in a
calendarquarterwithout
Details of violations observed under Code of Conduct

BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA.

PHONE: +91 20 6704 2777 FAX: +91 20 2682 0699 !Export), 2682 2387 IScles/Mklg) 2682 2163 !Malenals) . Website : www.bharatlorge.com

CIN No. L25209PN 1961 PLCOl 2046

BHARAT FORGE
5.
6.
7.
8.		 obtaining
pre-clearance;
and
cl. DP failed to make requisite
disclosures to the Company
within a period of two
trading
days
of
the
transaction/s.
Action taken by Listed company/ Intermediary/ Fiduciary
The
Company
took
the
following actions:
a. Sought
writing
violation;
explanation
for
the
in
said
b. Issued
warning
against
any future violation;
c. Banned DP from engaging
in any trade of the securities
of the Company for a period
of 1 year from the date of
issue of notice by the
Company; and
d. Instructed to disgorge profit
accrued
through
the
transactions amounting to
Rs. 29, 176/- plus penalty of
Rs.10,000/-.
Reasons recorded in writing for taking action stated The Company took aforesaid
above
actions
considering
the
following:
a. DP informed that he has
traded inadvertently during
trading
window
closure
period without obtaining
preclearance of trade.
b. DP did not possess any
UPSI at the time of trade
c. First time violation by the
DP
Details of the previous instances of violations, if any,
None
since last financial year
If any amount collected for Code of Conduct violation(s)
i. Mode of transfer to SEBI - IPEF (Online/Demand Draft)
Remitted on line

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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 (Materia s I) Website : www.bharatforge.com

CIN No. L25209PN1961PLC012046

BHARAT FORGE

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ii. Details of transfer/ payment
In case of online:
Particulars Details
Name of transferor SIVASANKARAN KM
Bank Name, branch and ICICI Bank, Shangrila
Account number Garden Branch
000501034167
UTR/Transaction 47696941
reference Number
Transaction Date 18-02-2021
Transaction Amount (in 39,176.00
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 information I None
----- End of picture text -----

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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.bhoratforge.com CIN No. L25209PN1961 PLC012046

BHARAT FORGE

Annexure A:

Details of shares traded by Mr. Sivasankaran M as required under Point 3(c)(ii):

Date Nature **Qty ** Valueper share
27-Jan-2021 Bought 200 592.82
25-Jan-2021
21-Jan-2021
Bought
Sold		 300
400		 600.60
633.96
14-Jan-2021 Bought 100 619.80
13-Jan-2021 Sold 200 646.21
13-Jan-2021 Sold 100 646.19
13-Jan-2021
11-Jan-2021		 BouQht
BouQht		 300
100		 622.38
609.69
08-Jan-2021 BouQht 100 605.06
08-Jan-2021 BouQht 100 603.80
04-Jan-2021 Sold 140 551.60

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KALYANI GROUP COMPANY

BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036 MAHARASHTRA INDIA PHONE: +91 20 6704 2777 FAX: +91 20 26_82 0699 (Export), 2682 '2387 (Sales/Mkt�) 2682. 2163 (Materials) Website : www.bharatforge.com CIN No. L25209PN 1961 PLCOl 2046

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