BHARAT FORGE LTD.

Bharat Forge Ltd has completed further investments in its wholly owned subsidiaries. The company invested ₹2,400 Crores (₹2,40,00,00,000) in Kalyani Strategic Systems Limited (KSSL) through a rights issue, acquiring 24,00,00,000 equity shares. Subsequently, KSSL invested ₹1,630 Crores (₹1,63,00,00,000) in its wholly owned subsidiary, Agneyastra Energetics Limited (AEL), through a rights issue, acquiring 16,30,00,000 equity shares. These transactions took place on October 30, 2026, strengthening the capital base of its subsidiaries.

Bharat Forge Limited has announced that its Board of Directors will convene on Thursday, November 5, 2026. The primary agenda item is to consider and approve the unaudited financial results (standalone and consolidated) for the quarter and half-year ended September 30, 2026. Concurrently, the company has informed that the trading window for directors and designated persons, along with their immediate relatives and connected persons, will be reopened on Monday, November 9, 2026, after being closed since October 1, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Bharat Forge Limited has invested ₹2,400 million (₹240 Crore) in equity shares of its wholly owned subsidiary, Kalyani Strategic Systems Limited (KSSL), via rights issue. This investment is funded by proceeds from a Qualified Institutional Placement and internal accruals. Subsequently, KSSL will invest ₹1,630 million (₹163 Crore) in its own wholly owned subsidiary, Agneyastra Energetics Limited (AEL), a specialized defense and space energetics manufacturing company. This move aims to operationalize AEL and establish a state-of-the-art facility for ammunition shell filling. The transactions are on an arm's length basis, and no governmental approvals are required.

Bharat Forge Ltd has announced an update on ongoing litigation involving Mr. Tarsem Jain. The Hon'ble Division Bench of the Delhi High Court, in an order dated October 1, 2026, dismissed an appeal filed by Mr. Tarsem Jain. This appeal challenged a previous order from May 26, 2025, by the Delhi High Court's Single Judge, which had set aside an arbitral award. The company has stated that its earlier disclosures from May 27, 2025, are amended to reflect this dismissal. This development signifies a resolution in favor of the company regarding the aforementioned arbitral award.

Bharat Forge Ltd. (BFL) has entered into a long-term contract with Pratt & Whitney Canada to supply mission-critical aerospace engine components. These components will be manufactured at BFL's advanced aerospace facility in India, which is equipped with state-of-the-art technology and adheres to stringent global aerospace quality standards. This partnership underscores BFL's growing role as a key global aerospace supplier and strengthens India's position in aerospace manufacturing. Pratt & Whitney Canada cited BFL's manufacturing capabilities, technical excellence, and commitment to quality as reasons for the collaboration, aiming to build a resilient global supply chain.

Bharat Forge Limited has announced the closure of its trading window for designated persons and their immediate relatives, as well as specified connected persons. This closure is in accordance with the company's Code of Conduct for Prevention of Insider Trading and SEBI regulations. The window will remain shut from October 1, 2026, until 48 hours after the declaration of the un-audited financial results for the quarter and half-year ended September 30, 2026. This measure is standard practice to prevent potential insider trading during periods of sensitive financial information disclosure.

Bharat Forge Ltd has announced the closure of its Qualified Institutional Placement (QIP) issue. The issue, which opened on September 17, 2026, closed on September 22, 2026. The company approved the allocation of 1,05,82,010 equity shares at an issue price of ₹1,890.00 per share. This price represents a discount of ₹57.70 (2.96%) to the floor price of ₹1,947.70 per share, determined as per SEBI ICDR Regulations. The Placement Document will be filed with the exchange.

Bharat Forge Limited's Investment Committee has approved a Qualified Institutional Placement (QIP). The Board of Directors and shareholders had previously granted their approvals. The Preliminary Placement Document has been adopted, and the issue has been opened. The floor price for the QIP has been set at ₹1,947.70 per equity share, determined in accordance with SEBI ICDR Regulations. The company may offer a discount of up to 5% on this floor price. The trading window for designated persons has been closed from September 15, 2026, until further notice.

Bharat Forge Ltd. and Pratt & Whitney Canada have announced a collaboration to evaluate the integration of advanced turboprop engines into India's indigenous High-Altitude, Long-Endurance (HALE) Unmanned Aerial Vehicle (UAV) program. This initiative, supported by India's Defence Research and Development Organisation (DRDO) and the Aatmanirbhar Bharat initiative, aims to enhance India's self-reliance in defense manufacturing. Pratt & Whitney Canada will assess engine compatibility and performance, while Bharat Forge will lead the engine-airframe integration, leveraging its engineering and manufacturing capabilities. This partnership seeks to develop a world-class HALE platform for surveillance and reconnaissance, strengthening India's defense preparedness.

Bharat Forge Ltd announced the merger of its wholly-owned step-down subsidiary, Bharat Forge Holding GmbH (BFH), with its wholly-owned subsidiary, Bharat Forge Global Holding GmbH (BFGH). The merger, effective August 25, 2026, simplifies the legal structure of companies in Germany. Bharat Forge Aluminiumtechnik GmbH, previously a subsidiary of BFH, now becomes a direct subsidiary of BFGH. The company stated that this merger has no implication on its standalone or consolidated financial statements. BFGH reported a turnover of Euro 6,086,504.36 for the year ended December 31, 2025, while BFH had nil turnover. The transaction is not considered a related party transaction as per the Companies Act, 2013 and Listing Regulations.