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10th March 2008

Bharat Forge Limited clarification on news item

This is with reference to the Article appearing in Business Standard dated March 10, 2008 titled ‘Hindujas, M&M, BFL in race for Thyssen Unit’.

Bharat Forge Limited denies any such developments as referred in the said Article and the information published as pertaining to Bharat Forge is incorrect and has no relevance.

Articles/News items on the referred to subject have appeared earlier also and our position has been clarified earlier also.