Appointment

BHARAT DYNAMICS LIMITED (A Govt. of India Enterprise, Ministry of Defence) CIN :- L24292TG1970GOI001353 Corporate Office: - Plot No. 38-39, TSFC Building, Near ICICI Towers, Financial District, Nanakramguda, Hyderabad-500032 Registered Office: - Kanchanbagh, Hyderabad-500058 Tel: 040-23456145; Fax: 040-23456110 E-mail: investors@bdl-india.in; Website: https://bdl-india.in Ref-BDL/CS/2026/SE-34 Date: 09/07/2026 To, To, Compliance Department Compliance Department The National Stock Exchange of India Ltd BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Tower, Bandra-Kurla Complex, Bandra (East) Dalal Street, Mumbai- 400051 Mumbai- 400001 Scrip Code BDL Scrip Code 541143 Subject: Assumption of charge by Shri Shailesh Vagerwal (DIN: 11362136) as Chairman and Managing Director (CMD) of Bharat Dynamics Limited (BDL) Please refer to our earlier intimation vide letter BDL/CS/2026/SE-30 dated 19/06/2026. In this regard, we wish to inform that Shri Shailesh Vagerwal has assumed charge as Chairman and Managing Director of BDL with effect from today, i.e 09 July 2026. The brief profile of Shri Shailesh Vagerwal is enclosed. For Bharat Dynamics Limited N. Nagaraja Company Secretary Encl: As above. Disclosure of information as per SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023. S. No. Particulars Information 1 Reason for change viz., Assumption of charge as CMD pursuant to order appointment, resignation, conveyed by the Ministry of Defence vide their letter No. removal, death or otherwise DDP-M0001(24)/1/2026-D(BDL) dated 18.06.2026 2 Date of appointment & term Shri Shailesh Vagerwal assumed the charge as CMD on of appointment the Board of the Company w.e.f 09 July 2026. 3 Brief Profile Brief Profile of Shri Shailesh Vagerwal is enclosed. 4 Disclosure of relationships None between Directors 5 Confirmation of Compliance Shri Shailesh Vagerwal is not debarred from holding the with SEBI letter dated June office by virtue of any SEBI Order or any other authority. 18, 2018 read with Exchange circular dated June 20, 2018 Brief Profile Shri Shailesh Vagerwal assumes charge as CMD, BDL Shri Shailesh Vagerwal has assumed charge as the Chairman & Managing Director of Bharat Dynamics Limited (BDL). A distinguished officer of the Indian Ordnance Factories Service (IOFS), Shri Vagerwal brings with him nearly three decades of rich and diverse experience in defence manufacturing sector. He holds a Bachelor of Engineering degree in Mechanical Engineering from MBM Engineering College, Jodhpur. Further, he pursued Master of Science degree in Explosive Ordnance Engineering from Cranfield University, United Kingdom. During his illustrious career in defence manufacturing, he has held several key positions at Ordnance Factory Dum Dum, Ordnance Factory Itarsi, Ordnance Factory Khamaria and Munitions India Limited, Corporate Office, Pune, a defence PSU. Over the years, Shri Vagerwal has acquired extensive expertise in ammunition and explosives production, administration, strategic planning, material management, quality assurance, procurement of plant and machinery, project management, civil works, research and development, exports and business development, human resource management and industrial relations. Prior to joining BDL, he served as Chief General Manager at Ordnance Factory, Khamaria, Jabalpur, a unit of Munitions India Limited.