Bharat Forge Limited announced in further to letter dated May 16, 2022, wherein it was informed that the Board of Directors of the Company at its meeting held on May 16, 2022, had recommended final dividend of INR 5.50/- i.e. at the rate of 275% per equity share having face value of INR 2/- each for the financial year ended on March 31, 2022, subject to the approval of the shareholders at the upcoming Annual General Meeting of the Company. Pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the purpose of determining entitlement of members to final dividend, the Company has fixed July 15, 2022 as the Record Date. The payment of dividend, if approved at the 61st Annual General Meeting of the Company to be held on August 12, 2022 will be made on or after August 19, 2022.