Allotment of Securities

B H A R A T F O R G E September 22, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relations Department Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1, G Block Dalal Street, Fort, Mumbai 400 001 Bandra Kurla Complex, Bandra (East) Maharashtra, India Mumbai 400 051, Maharashtra, India Scrip Code: 500493 Symbol: BHARATFORG Ref.: Qualified Institutions Placement of equity shares of face value of ₹ 2 (the “Equity Shares”) by Bharat Forge Limited (“Company”) under the provisions of Chapter VI of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“SEBI ICDR Regulations”) and Sections 42 and 62 of the Companies Act, 2013 and the Rules made thereunder, each as amended (“Issue”) Sub: Disclosure of details of Allotment in the Issue by Bharat Forge Limited (the “Company”) in accordance with the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements), 2015, as amended (“Listing Regulations”) Dear Sir/Madam In continuation of our earlier letter dated September 22, 2026 on the captioned subject, please be informed that with respect to the Issue which opened on Thursday, September 17, 2026 and closed on Tuesday, September 22, 2026, the Investment Committee – Strategic Business constituted by the Board of Directors (“Committee”) at its meeting held today, i.e., Tuesday, September 22, 2026 approved the issuance and allotment of 1,05,82,010 Equity Shares of face value of ₹ 2 to eligible Qualified Institutional Buyers (“QIBs”) at the issue price of ₹ 1,890.00 per Equity Share which includes a discount of ₹ 57.70 per Equity Share i.e. 2.96% of the floor price, as determined in terms of the SEBI ICDR Regulations) to the floor price, aggregating to ₹20,000 million (Twenty Thousand million only), pursuant to the Issue. The information as required under Regulation 30 of SEBI Listing Regulations read with Schedule –III Part A to the Listing Regulations and SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, each, as amended, is as follows: Type of securities issued Equity Shares Type of Issuance Qualified Institutions Placement Total no. of securities issued 1,05,82,010 Equity Shares of face value ₹ 2 each at a price of ₹ 1890.00 per Equity Share Total amount for which ₹ 20,000 million securities issued CIN L25209PN1961PLC012046 BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA. Phone : + 91 20 6704 2476 / 6704 2850 (Secretarial) Fax : 020 2682 2163 Email : secretarial@bharatforge.com Website : www.bharatforge.com B H A R A T F O R G E Pursuant to the allotment of Equity Shares in the Issue, the subscribed and fully paid-up Equity Share capital of the Company stands increased from ₹ 956,177,264 consisting of 478,088,632 Equity Shares of ₹ 2 each to ₹ 977,341,284 consisting of 488,670,642 Equity Shares of ₹ 2 each. The shareholding pattern of the Company, before and after the Issue, will be submitted along with the Listing Application in the format specified in Regulation 31 of the Listing Regulations. Further, please find enclosed herewith the List of Allottees who have been allotted more than 5% of the Equity Shares offered in the Issue, marked as Annexure A. The meeting of the Committee commenced at 11.30 p.m. and concluded at 11.50 p.m. Kindly take this intimation on records, and the same be treated as compliance under Regulation 30 of the Listing Regulations and SEBI Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Thanking you, Yours faithfully, For Bharat Forge Limited Ms. Tejaswini Chaudhari Company Secretary and Compliance Officer Membership No.: A18907 CIN L25209PN1961PLC012046 BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA. Phone : + 91 20 6704 2476 / 6704 2850 (Secretarial) Fax : 020 2682 2163 Email : secretarial@bharatforge.com Website : www.bharatforge.com B H A R A T F O R G E Annexure A List of allottees who have been allotted more than 5 per cent of the equity shares offered in the qualified institutions placement Percentage Percentage No. of Pan (%) of shares (PAN S. Equity Clubbed Name of the Allottees allotted to the Clubbed) Investor Category No. Shares No. of total issue (5 %) and Allotted Shares size above FOREIGN PORTFOLIO 1 GOVERNMENT OF SINGAPORE 1,779,269 1,779,269 16.8141 16.8141 INVESTOR (CORPORATE) ICICI PRUDENTIAL LARGE & MID CAP FUND 610,501 5.7692 MUTUAL FUND - MF ICICI PRUDENTIAL MULTI CAP FUND 407,001 3.8462 MUTUAL FUND - MF 2 1,058,202 10.0000 iSIF ACTIVE ASSET ALLOCATOR LONG-SHORT 40,700 0.3846 MUTUAL FUND - MF FUND CUSTODIAN MUTUAL INVESCO INDIA LARGE & MID CAP FUND 592,593 5.6000 FUND 3 740,741 7.0000 CUSTODIAN MUTUAL INVESCO INDIA MID CAP FUND 148,148 1.4000 FUND AXIS MUTUAL FUND TRUSTEE LTD A/C AXIS 163,946 1.5493 MUTUAL FUND - MF MUTUAL FUND A/C AXIS FLEXI CAP FUND AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS 327,894 3.0986 MUTUAL FUND - MF MUTUAL FUND A/C AXIS LARGE & MID CAP FUND 4 AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS 582,011 5.5001 81,974 0.7747 MUTUAL FUND - MF MUTUAL FUND A/C AXIS MULTICAP FUND AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS INDIA MANUFACTURING 8,197 0.0775 MUTUAL FUND - MF FUND MIRAE ASSET LARGE & MIDCAP FUND 253,048 2.3913 MUTUAL FUND - MF MIRAE ASSET MULTICAP FUND 50,610 0.4783 MUTUAL FUND - MF 5 582,011 5.5001 CUSTODIAN MUTUAL MIRAE ASSET ELSS TAX SAVER FUND MIRAATSFD 126,524 1.1957 FUND CIN L25209PN1961PLC012046 BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA. Phone : + 91 20 6704 2476 / 6704 2850 (Secretarial) Fax : 020 2682 2163 Email : secretarial@bharatforge.com Website : www.bharatforge.com B H A R A T F O R G E CUSTODIAN MUTUAL MIRAE ASSET MIDCAP FUND MIRAEAMF 151,829 1.4348 FUND INSURANCE ICICI PRUDENTIAL LIFE INSURANCE COMPANY COMPANY 6 582,011 582,011 5.5000 5.5000 LIMITED REGISTERED WITH IRDA DSP FLEXI CAP FUND 75,085 0.7096 MUTUAL FUND - MF DSP LARGE & MID CAP FUND 111,074 1.0496 MUTUAL FUND - MF 7 DSP INDIA T.I.G.E.R FUND 118,647 580,681 1.1212 5.4874 MUTUAL FUND - MF DSP MID CAP FUND 125,278 1.1839 MUTUAL FUND - MF DSP ELSS TAX SAVER FUND 150,597 1.4231 MUTUAL FUND - MF FOREIGN PORTFOLIO 8 SOCIETE GENERALE - ODI 566,143 566,143 5.3501 5.3501 INVESTOR (CORPORATE) CIN L25209PN1961PLC012046 BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA. Phone : + 91 20 6704 2476 / 6704 2850 (Secretarial) Fax : 020 2682 2163 Email : secretarial@bharatforge.com Website : www.bharatforge.com