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Mahindra Forgings is one of the Iargest and most technologically advanced manufacturers of

forged and machined components in the world. We create parts like links, knuckles, spindles, shafts,
crankshafts, camshafts, pistons, ball joints, and stub axles that are used in automotive, agriculture,
railway, mining, construction and other industries throughout the world.

Our ndian operation is one of ndia's top three forging companies with an installed capacity of 90,000
metric tons, and we're growing fast. We focus on the design, development, and machining of crankshafts
and stub axles for cars, MUVs, and tractors in the ndian domestic market. We partner with our
customers even post-purchase through our complementary backup policy.

We currently serve major companies including Tata, Maruti Suzuki, Ashok Leyland, Mahindra, Renault,
Deutz, VM Motori, Benteler Automotive, Eicher, and more. We drive value with our state-of-the-art
manufacturing facilities, SO/TS 16949 certification, high production efficiency, and short-term delivery.

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Mahindra Forgings Ltd. (MFL) had been a wholly owned subsidiary of Mahindra & Mahindra
Ltd. and has recently acquired Chakan unit of Amforge ndustries Ltd., a public company listed
on the Bombay Stock Exchange, under the scheme of arrangement (demerger). The said
Scheme was sanctioned by the Mumbay High Court by its order dated March 21, 2006 and the
Scheme was made effective on April 3, 2006 by filing the certified copy of the order dated
March 21, 2006 with the Registrar of Companies on April 3, 2006. The Court Order sanctioning
the scheme is placed on the website. Pursuant to allotment of shares of MFL to shareholders
of Amforge ndustries Ltd. and to Mahindra & Mahindra Ltd., shareholding of Mahindra &
Mahindra has been reduced to 47.11%.



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Mahindra Forgings Limited is a forging company that primarily caters to the requirements of ndian auto original equipment manufacturers (OEMs), as
well as overseas clients. t has a global manufacturing footprint with seven plants in Germany, three in the United Kingdom and one in ndia. The
Companys product portfolio covers both the passenger car and truck segments. ts customers include Mahindra &Mahindra, Tata Motors and Maruti
Udyog. t also has a presence in the non-auto market through complex and machined forgings. Effective December 27, 2007, Schoeneweiss & Co.
GmbH, Jeco Holding AG and Stokes Group Limited were integrated with the Company by way of a scheme of arrangement. Schoeneweiss & Co.
GmbH specializes in suspension and engine parts. Jeco Holding AG is a provider of forging products and produces more than 250 products. Stokes
Group Limited produces flashes parts, while the ndian operations is engaged in the design, development and machining of crankshafts.

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