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Bharat Forge (BFL) today signed a Rs 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 generation 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 Acquisition 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.

Kalyani Strategic Systems (KSSL), the wholly-owned defence subsidiary of Bharat Forge, and Paramount, today unveiled Simha 4x4 - a next-generation Light Armoured Multi-Purpose Vehicle - at Eurosatory 2026.Designed and engineered from inception as a highly adaptable, modular and mission-configurable platform, the Simha 4x4 armoured vehicle addresses one of the most pressing capability requirements facing modern armed forces - the need for a protected, highly mobile, multi-role vehicle able to operate across a broad spectrum of missions ranging from reconnaissance, internal security and border protection to special operations, command-and-control, troop transport and force protection. The Simha 4x4 has been developed in record time, while prioritising rigorous product validation and testing, using advanced digital platforms.

Kalyani Strategic Systems, the wholly-owned defence subsidiary of Bharat Forge, today introduced its line of Mounted Artillery Guns -the MArG series - on the opening day of Eurosatory 2026. Truck-mounted and built for manoeuvre, the MArG series delivers a highly mobile, rapidly deployable and cost-optimised firepower solution for modern land forces.The MArG series is a comprehensive family of 4�4 mounted 155mm artillery systems, engineered to give armed forces a single, common platform across three calibre configurations: ▪ MArG 39 (39 calibre) - Optimised for mobility and tactical flexibility ▪ MArG 45 (45 calibre) - Balanced range and firepower ▪ MArG 52 (52 calibre) - Extended-range, high-performance artillery solution.This product series enables armed forces to select optimal calibre configuration for their specific operational needs, terrain and mission profile, while retaining commonality in platform design, training and logistics.

Bharat Forge signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to establish India`s first private-sector Marine Gas Turbine (MGT) Repair, Overhaul and indigenous Development complex at Visakhapatnam � over an ~80 acres within the Andhra Pradesh Defence Manufacturing Corridor. The Visakhapatnam facility � co-located with the Naval Dockyard, INS Eksila, and Eastern Naval Command Headquarters � will for the first time bring this critical propulsion sustainment capability into India`s private sector. Phase 1 will deliver a full Marine GT Repair and Overhaul complex: hot section restoration of blades, vanes and combustion liners, component manufacturing, NDE laboratory, and a 72-hour turnaround capability for the Naval Dockyard, Visakhapatnam. Phase 2 will establish India`s first private sector Marine GT Development and Assembly Hall, a full-spectrum hot test cell scalable across all propulsion ratings, and � for the very first time on Indian soil � the development and qualification of an indigenous Marine Gas Turbine. The facility will also serve as a regional R&O hub for friendly nation navies, creating ~750 direct and indirect employment opportunities.

Bharat Forge has completed the acquisition of 27,08,754 equity shares of Rs. 10/- each at a premium of Rs. 478.45/- each (30% on fully diluted basis) subject to final adjustments in Fortuna Engineering in first tranche investment (Tranche I).Consequent to the above, Fortuna Engineering has now become the Associate Company of Bharat Forge.