Press Release

B H A R A T F O R G E June 19, 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 “Bharat Forge Signs ₹425 Crore Contract with Ministry of Defence to Supply Gas Turbine Generators to the Indian Navy”. 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 FOR IMMEDIATE RELEASE Bharat Forge Signs ₹425 Crore Contract with Ministry of Defence to Supply Gas Turbine Generators to the Indian Navy India: June 19, 2026: Bharat Forge Limited (BFL) today signed a ₹425 Crore contract with the Ministry of Defence (MoD), India, for the supply of Gas Turbine Generators (GTGs) to Indian Navy (IN) for onboard power genera(cid:415)on on Kolkata class ships. The contract will be executed over a period of 5 years. Rated at 1.25 MW, the new GTGs will replace the lower capacity units currently in service onboard. Awarded under the Buy (Indian) category of the Defence Acquisi(cid:415)on Procedure 2020 (DAP-2020), the contract marks BFL's entry into the marine gas turbine (GT) business — and will deliver the first indigenous GT-based power plant to operate aboard Indian Naval ships. A leader in India's defence industry, a proven manager of complex programmes and a trusted partner of the Indian armed forces, BFL will establish a dedicated Integra(cid:415)on and Test facility for GTGs. BFL will also par(cid:415)cipate in design and development programs for larger power plants and propulsion GTs. These manufacturing capabili(cid:415)es will also serve the significant needs of Indian armed forces in general with local produc(cid:415)on and ensure complete sovereignty on maintenance and overhaul opera(cid:415)ons of GTs/ GTGs. About Bharat Forge Ltd. Bharat Forge Limited (BFL), a Pune-based Indian multinational company, is a technology driven global leader in providing high performance, innovative safety critical components and solutions for several sectors including automotive, power, oil and gas, construction & mining, rail, marine, defence and aerospace. BFL has a global manufacturing footprint with presence across five countries, with the largest repository of metallurgical knowledge and offers full service supply capability to its geographically dispersed marquee customers from concept to product design, engineering, manufacturing, testing and validation. To learn more, visit www.bharatforge.com. Media Contact For BFL: Dimple Raisurana Kapur | Dimple.Raisuranakapur@kalyani.in| +91 9371507196