Press Release

B H A R A T F O R G E June 18, 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 Sub.: Press Release of the Company Ref.: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) Dear Sir / Madam, Please find enclosed herewith, press release titled “Kalyani Strategic Systems Ltd and AM General Sign Strategic Partnership to Offer Distinct Mounted Artillery Gun Systems for World Armies”. Kindly take the same on your record. Thanking you, Yours faithfully, For Bharat Forge Limited Tejaswini Chaudhari Company Secretary and Compliance Officer Membership No.: A18907 Encl.: As above CIN L25209PN1961PLC012046 BHARAT FORGE LIMITED, MUNDHWA, PUNE 411 036, MAHARASHTRA, INDIA. PHONE: + 91 20 6704 2476 6704 2451 6704 2544 (Secretarial) Fax 020 2682 2163 Email: secretarial@bharatforge.com WEBSITE: www.bharatforge.com Kalyani Strategic Systems Ltd and AM General Sign Strategic Partnership to Offer Distinct Mounted Artillery Gun Systems for World Armies Paris, France (June 18, 2026): Kalyani Strategic Systems Limited (KSSL), the wholly owned defence subsidiary of Bharat Forge Limited, signed a strategic partnership with AM General, a leading military vehicle mobile defense capabilities provider at Eurosatory defense exposition. This strategic partnership between AM General and KSSL addresses the requirement of modern armies of the world in an evolving combat scenario equipping them with compact, robust, light weight, ruggedized, mobile, all weather, all terrain Next-Gen Mounted Artillery gun platforms, with a distinct competitive edge. There are numerous opportunities globally, and the partnership is intended to support broader allied distribution, positioning the platform as a scalable, exportable artillery solution for partner nations seeking modern, mobile, and survivable 155mm fires capability. Leveraging this strategic partnership, AM General has also offered a proposal to participate in the U.S Army Mobile Tactical Cannon (MTC) program. The proposal to the U.S. Government includes the development and delivery of a 155mm MTC solution based on the mature, combat-relevant architecture of KSSL’s Mounted Artillery Gun platform, with delivery planned in 2027 upon its down-selection. The MArG system delivers class-leading strategic transportability and tactical mobility through the combination of a purpose-built powerpack and suspension and a lighter gross vehicle weight rating. It’s 52 – Caliber 155mm Cannon is combined with the patented Soft Recoil Technology (SRT) Recoil Mitigation system, an automated load-assist, and an advanced all-weather fire control suite providing indirect and direct fire capabilities. The system fires a standard high-explosive projectile over 40 Kilometers and carries over 20 projectiles and propellant charges on-board. The MARG’s SRT system absorbs significantly more recoil force than traditional artillery systems and this allows for a lighter vehicle, lighter turret, and less shock on the entire weapons system over its life. Mr. Amit Kalyani, Vice Chairman and Joint Managing Director, Bharat Forge Ltd, the parent company of KSSL shared, “Our partnership with AM General is underscored by trust in our advanced artillery capabilities, and confidence in our commitment to delivering leading-edge and combat-proven solutions that meet modern warfare requirements.” Mr. John Chadbourne, AM General President and CEO said, “Working with KSSL signifies our mutual commitment to support our allies and, ultimately, the Warfighter. By integrating the patented soft recoil technology to their state-of-the-art and mature platforms, we will be delivering truly groundbreaking capabilities that can provide an advantage on the evolving battlefield.” At KSSL, we take pride in building designed and made in India, globally benchmarked defence platforms, driven by the purpose of delivering technologically advanced, strategic defence capabilities for India, and the world. About Kalyani Strategic Systems Limited Kalyani Strategic Systems Limited (KSSL), a wholly owned subsidiary of Bharat Forge Limited, drives the defence business of the Kalyani Group, one of the world’s foremost engineering and metallurgical enterprises. With more than six decades of expertise in design, engineering, metallurgy and advanced manufacturing, KSSL delivers sovereign defence capability across the land, marine, and unmanned domains – spanning artillery systems, armoured and protected vehicles, small arms, ammunition, and marine and unmanned platforms. Beyond supplying battle-ready systems, KSSL enables partner nations to build their own defence industrial base through technology partnership, local industrialisation and assured through-life support, backed by proven production at scale and security of supply. Trusted by both Indian and global armed forces and governments seeking resilient, self-reliant capability, KSSL is a trusted global defence partner of choice. About AM General AM General engineers, manufactures, and supports specialized vehicles for military and commercial customers. Its global presence of diverse product offerings in over 70 countries uniquely positions AM General to enhance interoperability across allies and build on its long-standing defense industry and automotive partnerships. AM General’s innovative spirit delivers advanced, rugged, resilient, and dependable mobility solutions that will move you. With a well-rounded product portfolio that includes the iconic HUMVEE vehicles, Joint Light Tactical Vehicle A2 (JLTV A2), and the revolutionary soft recoil technology for mobile platforms, AM General strives to offer continuous improvement that is ready now. AM General has extensive experience meeting the changing needs of the defense and automotive industries, supported by its employees at major facilities in Indiana, Michigan, and Ohio, and a strong supplier base that stretches across 46 states. Media Contact for KSSL Dimple Raisurana Kapur | dimple.raisuranakapur@kalyani.in | +91 9371507196 Media Contact for AM General Deborah Reyes | deborah.reyes@amgeneral.com