Pursuant to Regulation 30 of the Listing Regulations, Bharat Forge has informed that the Company, BF Industrial Solutions (‘BFISL’), a wholly owned subsidiary of the Company and J S Auto Cast Foundry India (‘JS Auto’), a step-down wholly owned subsidiary of the Company, have entered into Securities Subscription Agreement (SSA) and Shareholders Agreement (SHA) (‘Definitive Transaction Agreements’) with PI Opportunities Fund I Scheme II (‘Investor’) on February 2, 2026. Under the terms of the Definitive Transaction Agreements, Investor has agreed to subscribe to, and JS Auto has agreed to offer, issue, and allot Equity Shares and Compulsorily Convertible Preference Shares (‘CCPS’), subject to the terms and conditions mentioned therein (‘Proposed Transaction’) resulting in the Investor acquiring 23% stake in JS Auto on a fully diluted basis. The details as required under Regulation 30 of the Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026 (‘Disclosure Circular’) is enclosed as Annexure - A.
The above information is a part of company’s filings submitted to BSE.
