Bharat Forge Limited at its meeting held on April 2, 2022 approved issue of 2,000 listed, rated, unsecured, redeemable, non-convertible debentures of face value INR 1,000,000/- (Indian Rupees One Million Only) each, aggregating to INR 2,000,000,000/- (Indian Rupees Two Thousand Million Only) on a private placement basis.