Updates

June 30, 2026 BSE Ltd. National Stock Exchange of India Ltd. Corporate Relationship Department, Listing Department, Phiroze Jeejebhoy Towers, Exchange Plaza, Bandra-Kurla Complex, Dalal Street, Mumbai - 400 001 Bandra (East), Mumbai- 400 051 Scrip Code: 544057 Svmbol: HAPPYFORGE Dear Sir/Ma’am, Sub: Submission of Business Responsibility and Sustainability Report for the Financial Year 2025-26. Pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Business Responsibility and Sustainability Report for the Financial Year 2025-26 which also forms part of the Annual Report for the Financial Year 2025-26. The Business Responsibility and Sustainability Report for the FY 2025-26 is also being uploaded on the website of the Company at www.happyforgingsltd.com Kindly take the above information on record. FOR HAPPY FORGINGS LIMITED BINDU GARG Company Secretary & Compliance Officer Membership No.: F6997 BXXIX-2254/1, Kanganwal Road P.O. Jugiana, Ludhiana, Punjab, 141120 Regd Office : Business Responsibility and Sustainability Report ANNEXURE 7 BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT SECTION A: GENERAL DISCLOSURES I. Details of the listed entity 1. Corporate Identity Number (CIN) of the Listed Entity L28910PB1979PLC004008 2. Name of the Listed Entity Happy Forgings Ltd. 3. Year of incorporation 1979 4. Registered office address BXXIX-2254/1, Kanganwal Road, P.O. Jugiana, Ludhiana-141120 5. Corporate address Happy Forgings Ltd., H.B. No. 220, P.O. Rajgarh, Village Dugri, Ludhiana-141421 6. E-mail complianceofficer@happyforgingsltd.co.in 7. Telephone +0161 521 7162 8. Website www.happyforgingsltd.com 9. Financial year for which reporting is being done 2025-26 10. Name of the Stock Exchange(s) where shares are listed Bombay Stock Exchange Limited (BSE) and National Stock Exchange Limited (NSE) 11. Paid-up Capital ` 18.87 Cr. 12. Name and contact details (telephone, email address) of Ms. Megha Garg, the person who may be contacted in case of any queries +0161 521 7162 on the BRSR report email ID: complianceofficer@happyforgingsltd.co.in 13. Reporting boundary - Are the disclosures under this Standalone report made on a standalone basis (i.e., only for the entity) or on a consolidated basis (i.e., for the entity and all the entities which form a part of its consolidated financial statements, taken together) 14. Name of assessment or assurance provider Not assured 15. Type of assessment or assurance obtained Not applicable II. Products/services 16. Details of business activities (accounting for 90% of the Turnover): S. Description of Main Activity Description of Business Activity % of Turnover of the entity 1. Manufacturing Metal & Metal Products 100% 17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover) S. Product/Service NIC Code % of total Turnover contributed 1. Steel Forgings Finished Machined 25910 92% Crankshafts III. Operations 18. Number of locations where plants and/or operations/offices of the entity are situated: Location Number of plants Number of offices Total National 3 2* 3 International - - - *Offices are located within plant premises 19. Markets served by the entity: a. Number of locations Locations Number National (No. of States) Pan India International (No. of Countries) 10 HAPPY FORGINGS LIMITED 1 BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT (Contd.) b. What is the contribution of exports as a percentage of the total turnover of the entity? 15% contribution of direct exports to total sales from finished goods and services. c. A brief on types of customers HFL is India’s third largest engineering-led manufacturer of complex safety-critical, heavy-forged, and high-precision machined components. The Company serves domestic and international OEMs across commercial vehicles, farm equipment, off-highway, industrial (wind, oil & gas and railways) and passenger vehicles industry segments. Major customers include Ashok Leyland, Mahindra & Mahindra, Tata Motors, JCB, Yanmar, Escorts Kubota, American Axle & Manufacturing, Dana, Liebherr, IGW, Same Deutz Fahr, Hendrickson Holdings, Bonfiglioli and SML Isuzu. More details on our products and their applications are available at: https://happyforgingsltd.com/ under the products tab. IV. Employees 20. Details as at the end of Financial Year (2025-26) a. Employees and workers (including differently abled) 2025-26 S. Particulars Total (A) Male Female No. (B) Percentage% No. (C) Percentage% (B / A) (C / A) EMPLOYEES 1 Permanent (D) 700 674 96.3% 26 3.7% 2 Other than Permanent (E) 14 14 100.0% 0 0.0% 3 Total employees (D + E) 714 688 96.4 % 26 3.6% WORKERS 4 Permanent (F) 2,812 2,811 100.0% 1 0.0% 5 Other than Permanent (G) 408 408 100.0% 0 0.0% 6 Total workers (F + G) 3,220 3,219 99.9% 1 0.0% b. Differently abled Employees and workers 2025-26 S. Particulars Total (A) Male Female No. (B) Percentage% No. (C) Percentage% (B / A) (C / A) DIFFERENTLY ABLED EMPLOYEES 1 Permanent (D) 0 0 - 0 - 2 Other than Permanent (E) 0 0 - 0 - 3 Total differently abled employees 0 0 - 0 - (D + E) DIFFERENTLY ABLED WORKERS 4 Permanent (F) 5 5 100.0% 0 0.0% 5 Other than Permanent (G) 0 0 - 0 - 6 Total differently abled workers 5 5 100.0% 0 0.0% (F+G) 21. Participation/Inclusion/Representation of women Representative Stakeholder Total (A) No. and percentage of Females No. (C) Percentage% (C / A) Board of Directors 6 2 33.3% Key Management Personnel 2 1 50.0% 2 BRSR 2025-26 Business Responsibility and Sustainability Report BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT (Contd.) 22. Turnover rate for permanent employees and workers1 2025-26 2024-25 2023-24 (Turnover rate in current FY) (Turnover rate in previous (Turnover rate in the year FY) prior to the previous FY) Male Female Total Male Female Total Male Female Total Permanent Employees 8.8% 3.8% 8.6% 10.1% 9.1% 10.1% 16.6% 37.5% 18.2% Permanent Workers 28.1% - 28.1% 26.0% - 26.0% 25.1% - 25.1% 1Turnover rate is calculated using average headcount of the respective category during the financial year. V. Holding, Subsidiary and Associate Companies (including joint ventures) 23. (a) Names of holding / subsidiary / associate companies / joint ventures S. Name of the holding / Indicate whether holding/ % of shares held by Does the entity indicated at No. subsidiary / associate Subsidiary/ Associate/ listed entity column A, participate in the companies / joint ventures Joint Venture Business Responsibility initiatives (A) of the listed entity? (Yes/No) 1 HFL Technologies Pvt. Ltd. Subsidiary 100% No VI. CSR details 24. (i) Whether CSR is applicable as per section 135 of Companies Act, 2013: (ii) Turnover – ` 1,546 Cr. (iii) Net worth – ` 2,128 Cr. VII. Transparency and Disclosures Compliances 25. Complaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines on Responsible Business Conduct: Stakeholder Grievance Redressal 2025-26 2024-25 group from Mechanism in Place Number of Number of Remarks Number of Number of Remarks whom (Yes/No) complaints complaints complaints complaints complaint is (If yes, then provide filed during pending filed during pending received web-link for the the year resolution at the year resolution at grievance redressal close of the close of the policy) year year Communities Yes, the Company NIL NIL NA NIL NIL NA has both formal and informal channels for addressing the grievances of all the communities. These are addressed by the top management and senior leadership teams. Investors NA NA NA NA NA NA NA (other than shareholders) HAPPY FORGINGS LIMITED 3 BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT (Contd.) Stakeholder Grievance Redressal 2025-26 2024-25 group from Mechanism in Place Number of Number of Remarks Number of Number of Remarks whom (Yes/No) complaints complaints complaints complaints complaint is (If yes, then provide filed during pending filed during pending received web-link for th [Showing first 8,000 characters — download PDF for full document]