Bharat Gears Ltd

Dematerialisation certificate status

• Dematerialisation requests during the quarter were processed and confirmed to the depositories.
• Dematerialised securities have been listed on the stock exchanges where listed.
• Physical certificates received for dematerialisation were mutilated and cancelled; depository's name substituted as registered owner within the prescribed timeline.
• No exceptions, delays, or non-compliance were mentioned.

Bharat Gears Limited – Trading Window closed from Thursday, October 01, 2026 till 48 (forty eight) hours after the public release of the Unaudited Financial Results for the Quarter ending September 30, 2026.

Bharat Gears Ltd: Trading Window closed from Thursday, October 01, 2026 till the period ending 48 (forty eight) hours after the pubtic release of the Unaudited Financial Results for the Quarter ending September 30, 2026 (both days inclusive).

AGM resolutions and governance

• Dividend of Rs 1.00 per equity share approved for FY2025-26.
• Executive Director-Operations Naresh Kumar Verma appointed for 5 years from 01 June 2026.
• Remuneration proposed: salary Rs 1.08 crore plus Rs 9 lakh per annum perquisites.
• Remuneration capped at 5% of net profits; WTD limit 10% of net profits.
• Cost Auditor remuneration ratified: M.K. Kulshrestha & Associates to audit FY2026-27 costs at Rs 2.25 lakh.
• AGM results: remote e-voting and AGM voting approved all resolutions.
• FY2025-26 total income Rs 1,790.50 crore; PAT Rs 16.50 crore.
• Export performance: exports Rs 235.12 crore in FY2025-26.
• Strategy focuses on EV products, cost leadership, and geographic expansion.
• Long-term opportunities identified in agriculture and construction sectors.

AGM 54th Highlights

• Minutes of the 54th AGM held August 13, 2026 via video conference.
• Dividend of Rs 1.00 per equity share for FY2025-26.
• Naresh Kumar Verma appointed Executive Director-Operations and Whole-time Director for five years from 01 June 2026.
• Remuneration: Rs 1.08 crore salary plus Rs 9 lakh per annum as perquisites.
• Remuneration within Schedule V and permissible during periods of inadequate profits with approvals.
• Remuneration to be approved by members by Special Resolution.
• Cost Auditor M.K. Kulshrestha & Associates remuneration Rs 2.25 lakh for FY2026-27 ratified.
• All resolutions passed at remote e-voting and AGM; majority support confirmed.
• FY2025-26 performance: turnover Rs 790.50 crore; net profit Rs 16.50 crore; exports Rs 235.12 crore.
• Record date for dividend: 06 August 2026.

AGM results and governance actions

• Consolidated scrutinizer report issued for Bharat Gears Limited's 54th AGM held Aug 13, 2026, with remote e-voting.
• Remote e-voting ran Aug 10–12, 2026; AGM on Aug 13, 2026.
• Record date was Aug 6, 2026; total shareholders on record were 24,191.
• Dividend of Rs 1.00 per equity share declared for FY 2025-26.
• Executive Director-Operations appointment: Naresh Kumar Verma; Special resolution passed.
• Remuneration ratified for Cost Auditors M.K. Kulshrestha & Associates for FY 2026-27.
• Scrutinizer Rashmi Aswat; MUFG Intime India Private Limited provided e-voting services.
• Outcome: all resolutions passed with requisite majority; records to be uploaded on company and MUFG sites.
• Scrutinizer report issued on 14 Aug 2026.
• Authoritative notes: no material issues; data retained by Company Secretary.

AGM details

• Date: 13 Aug 2026; Time: 4:00 PM; Mode: video conferencing.
• Record date: 6 Aug 2026; Remote e-voting: Aug 10–12, 2026.

Key resolutions

• Resolution 1 (Ordinary): adoption of financial statements for year ended 31 March 2026.
• Resolution 2 (Ordinary): dividend of Rs 1.00 per equity share.
• Resolution 3 (Special): appointment of Naresh Kumar Verma as Executive Director-Operations.
• Resolution 4 (Ordinary): ratification of remuneration payable to cost auditors for FY 2026-27.

Voting results

• Resolution 1: Passed.
• Resolution 2: Passed.
• Resolution 3: Passed.
• Resolution 4: Passed.

Dividend

• Dividend per share: Rs 1.00 approved.

Director changes

• Appointed Naresh Kumar Verma as Executive Director-Operations.

Auditor appointments

• Remuneration payable to cost auditors ratified for FY 2026-27.

Material related party transactions

• No material related party transactions disclosed.

Other material approvals

• No ESOPs, charter amendments, or other material approvals reported.

Dividend approval

• AGM Aug 13, 2026 approved final dividend of Re 1.00 per share for FY2025-26.

Executive Director appointment

• Appointed Mr. Naresh Kumar Verma (DIN 07087356) as Executive Director-Operations for five years from June 1, 2026.
• Not debarred from holding office by SEBI or any authority.

Dividend & ED appointment

• Final dividend of Re 1.00 per equity share for FY2025-26 approved at AGM on Aug 13, 2026.
• Mr. Naresh Kumar Verma (DIN 07087356) appointed Executive Director-Operations for five years from June 1, 2026.
• Board appointed Verma on May 30, 2026; members approved five-year term from June 1, 2026.
• Appointment complies with SEBI circulars and exchange requirements; director is not debarred.
• Term ends five years after June 1, 2026.