aka saanaea fafsaes BHARAT DYNAMICS LIMITED

BHARAT DYNAMICS LIMITED (A Govt. of Enterprise, Ministry of Defence) CIN :- L24292TG1970G01001353 Corporate Office: - Plot No. 38-39, TSFC Building, Near ICICI Towers, Financial District, Nanakramguda, Hyderabad-500032 Registered Office: - Kanchanbagh, Hyderabad-500058 Tel: 040-23456145; Fax: 040-23456110 e-mail: [email protected]; website: www.bdl-india.in

Ref: BDL/CS/2020/SE-23 Date: 29 May 2020

To, To, The Manager The Manager Compliance Department Compliance Department The National Stock Exchange of India Ltd BSE Limited Exchange Plaza, : : - Complex, Bandra (East) Phiroze Jeejeebhoy Tower, - 400051 Dalal Street, Mumbai- 400001

Scrip Code / Symbol :541143 / BDL

Dear Sir / Madam,

Subject: Disclosure under regulation 30 of Securities and Exchange Board of India (Listing and Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, read with SEBI Circular No.SEBI/HO/CED/CMD1/CIR/P/2020/84 dated 20 May 2020, the following are the brief details relating to the impact of the COVID-19 pandemic and the resultant lock down, on the operations of the Company.

S.No Particulars Disclosures

1 Impact of the CoVID-19 pandemic on the | Consequent to the lockdown, the Company’s manufacturing business: facilities remained shut from March 23, 2020 and partially resumed with 33% staff w.e.f May 04, 2020 and with 50% staff from May 20, 2020 in compliance with the MHA, GOI guidelines. The lockdown has adversely impacted company’s operations during April and May 2020, there was no production during this period. However, with the strong order book of around Rs.7400 Crore as on 01 April 2020, the company feels confident that it will cope up with the production gaps during the year. Moreover, during this lockdown, the company has entered into an MoU with IIT, Kanpur, NoCCA Robotics Private Limited and Foundation for Innovation & Research in Science & Technology for the purpose of design, development and manufacture of invasive ventilators (as per the specifications laid down by Ministry of Health and Family Welfare, GOI), under the mentorship of DRDO and manufacture by the company (i.e BDL)

we ava srrarfarre ferares BHARAT DYNAMICS LIMITED

BHARAT DYNAMICS LIMITED Ministry of Defence) (A Govt. of India Enterprise, CIN :- L24292TG1970GO1001353 Nanakramguda, ICICI Towers, Financial District, 38-39, TSFC Building, Near Corporate Office: - Plot No. Hyderabad-500032 Hyderabad-500058 Registered Office: - Kanchanbagh, Tel: 040-23456145; Fax: 040-23456110 website: www.bdl-india.in e-mail: [email protected];

operations including the Ability to maintain operations considering the order The Company has restarted its spaces functioning to factories/units/office since May 04, 2020, adhering book and available workforce down; India from and closed by the Government of the the safety norms prescribed Schedule, if any, for restarting time to time operations;

its operations with 33% The company has partially resumed ensure smooth functioning of 20, Steps taken to with 50% staff from May staff w.e.f May 04, 2020 and in operations; MHA, GOI guidelines. Further 2020 in compliance with the 15- no. 40-3/2020-DM-I(A) dated: pursuance of MHA, Gol Order circulars were issued to all 04-2020, 01.05.2020 and 17.05.2020, Gol guidelines issued by MHA, Units/Offices to adhere to and taking utmost care of its staff meticulously. The Company is distancing, mandatory mask work force like sanitisation, social gate, maintaining proper hygiene. wearing, thermal check at the encouraged for all employees Use of Arogya Setu App is being Supply chain is being monitored both private and public. Further Company has sufficient of material. The to ensure availability manage the operations cash/bank balance to smoothly and profitability of the Due to the lockdown, the revenues of the future impact of CoVID-19 April-June Estimation be adversely impacted for the Company are likely to operations; the Company on its the situation is very dynamic, quarter of 2020. As hopes that the business is closely monitoring it. The Company 4" quarter. situation normalise during 3K and

of COVID-19 on listed entity’s Details of impact banking facilities remain intact. The Company’s capital and resources Capital and financial as we have sufficient cash/bank There are no liquidity concerns free Company and is able to make balance. The Company is debt for its projects from its internal its own financing arrangements are from MoD, Gol, the accruals. As the major receivables problems in realising the same. Company do not foresee any profitability during 4st quarter Consequent to lockdown, the the Profitability to be adversely impacted. As (April to June, 2020) is likely it. Company is closely monitoring situation is very dynamic, the business situation normalise The Company hopes that the during 3 and 4" quarter. Please refer to S| No.6.1 Liquidity position No.6.1 financing Please refer to SI Ability to service debt and other arrangements

aia sraarfarre ferares BHARAT DYNAMICS LIMITED

BHARAT DYNAMICS LIMITED (A Govt. of India Enterprise, Ministry of Defence) CIN :- L24292TG1970GO1001353 District, Nanakramguda, Building, Near ICICI Towers, Financial Corporate Office: - Plot No. 38-39, TSFC Hyderabad-500032 Registered Office: - Kanchanbagh, Hyderabad-500058 Tel: 040-23456145; Fax: 040-23456110 www.bdl-india.in e-mail: [email protected], website: for effective Company has implemented ERP system Financial reporting and control The 6.5 Internal mechanism. Internal Financial reporting and control of the Company Armed forces are the major customers for its products/services Indian Demand fall in demand for its and the company do not foresee any customer (i.e. Indian Armed products/services. Further our for one of the contract Forces) has extended the delivery dates completed within the and remaining contracts are going to be significant impact on scheduled dates and as such there is no is well positioned the company on this account. The Company to fulfil its obligations and existing contracts/arrangements.

This is for your information and record.

Thanking you, Yours truly,

For Bharat Dynamics Limited yng N.Nagaraja Company Secretary