Bharat Wire Ropes Ltd

Dematerialisation status

• No dematerialisation/rematerialisation requests received during the quarter ended September 30, 2026.

AGM Details

• AGM held on 25 September 2026 at 12:30 PM IST via Video Conferencing.
• Record date for entitlement 18 September 2026.
• Deemed venue at registered office; attendance at venue not required.

Key Resolutions

• Resolution 1 (Ordinary): Adopt Audited financial statements and Board reports for year ended 31 March 2026.
• Resolution 2 (Ordinary): Declare final dividend on CCPS at 0.01%.
• Resolution 3 (Ordinary): Appoint Ruhi Mittal as Director by rotation; eligible for reappointment.
• Resolution 4 (Ordinary): Appoint Statutory Auditor and fix their remuneration.
• Resolution 5 (Ordinary): Ratify remuneration payable to Cost Auditor for FY 2026-27.
• Resolution 6 (Special): Approve remuneration payable to Mr. Sushil Sharda, Whole-Time Director.
• Resolution 7 (Special): Re-appoint Mr. Sushil Sharda as Whole-Time Director and fix remuneration.

Voting Results

• Res 1: Passed as Ordinary with 99.93% in favour.
• Res 2: Passed as Ordinary with 99.93% in favour.
• Res 3: Passed as Ordinary with 99.80% in favour.
• Res 4: Passed as Ordinary with 99.93% in favour.
• Res 5: Passed as Ordinary with 99.93% in favour.
• Res 6: Passed as Special with 99.93% in favour.
• Res 7: Passed as Special with 99.93% in favour.

Dividend

• Final dividend on CCPS declared at 0.01%.

Directors & Auditors

• Ruhi Mittal appointed by rotation; eligible for reappointment.
• Remuneration approvals: Sushil Sharda as Whole-Time Director.
• Statutory Auditor appointed and remuneration fixed.
• Cost Auditor remuneration ratified for FY 2026-27.
• Re-appointment of Mr. Sushil Sharda as Whole-Time Director; remuneration fixed.

AGM details

• Date: 25 September 2026; time: 12:30 P.M.; mode: Video Conferencing.

Key resolutions

• Adopt audited financial statements for FY ended 31 March 2026; ordinary; voting results not disclosed.
• Declare final dividend on CCPS; ordinary; per-share amount not specified.
• Reappoint retiring non-executive director; ordinary; eligible for reappointment.
• Appoint Statutory Auditor and fix remuneration; ordinary.
• Ratify remuneration to Cost Auditor for FY 2026-27; ordinary.
• Approve remuneration payable to WTD; special.
• Re-appoint WTD and fix remuneration; special.

Dividend

• Final dividend on CCPS declared; per-share amount not disclosed.

Director changes

• Non-executive director retires by rotation and seeks reappointment.
• Re-appointment of WTD and remuneration to be fixed.

Auditor appointments

• Appointment of Statutory Auditor to be approved; remuneration to be fixed.

Related party transactions

• No material related party transactions disclosed.

Other material approvals

• No other material approvals disclosed.

Voting status

• Consolidated voting results to be submitted to stock exchanges.

Bharat Wire Ropes Limited: Trading Window closed from 01 October 2026; will reopen forty-eight (48) hours after the announcement/declaration by the Company of its unaudited financial results for the second quarter ended 30th September, 2026.

AGM notice and e-voting details

• 40th AGM of Bharat Wire Ropes Limited scheduled for 25 September 2026 at 12:30 IST via VC/OAVM.
• Notice and annual report for FY 2025-26 digitized and emailed to registered addresses.
• For non-registered addresses, letters with web links and QR codes have been sent.
• E-voting: cut-off date 18 September 2026; remote voting from 21 September to 24 September 2026.
• Attendees can vote at the AGM if they did not vote remotely.
• Results will be declared within two working days after the AGM.
• RTA for queries: KFin Technologies Limited, Hyderabad, toll-free 1800-309-4001.

Meeting Details

• Date and time: Tuesday, 08 Sep 2026 at 4:00 PM IST
• Type and mode: Group virtual investor/analyst meet
• Organizer: Bharat Wire Ropes Limited management
• Key participants: Management representatives; Company Secretary and Compliance Officer
• Purpose: Discuss publicly available industry/company information with investors

Business overview

• Two plants in Maharashtra with total capacity 72,000 MTPA.
• Specialty steel wire ropes, slings and wires; serves diverse industries.
• Exports to 55+ countries; promoter Mr. M. L. Mittal.
• Captive solar power 6.5 MW; 1.86 MW under commissioning.
• Headquartered in Mumbai; about 1,000 employees.

Operational highlights

• Q1 FY27 revenue: INR 1,304 Mn, down 8% YoY.
• Q1 FY27 EBITDA: INR 255 Mn, margin 19.56%.
• Q1 FY27 PAT: INR 122 Mn, margin 9.36%.
• Capacity: 72,000 MTPA across Atgaon and Chalisgaon.
• Solar capacity: 6.5 MW captive; 1.86 MW under commissioning.
• Exports footprint: 55+ countries.

Financial performance (FY26)

• FY26 revenue: INR 5,905 Mn; EBITDA: INR 1,308 Mn; PAT: INR 725 Mn.
• EBITDA margin FY26: 22.15%; PAT margin FY26: 12.28%.

Capital structure & liquidity

• Equity (FY26): INR 8,108 Mn.
• Borrowings (FY26): INR 743 Mn (Current 355; Non-current 388).
• Cash and cash equivalents (FY26): INR 1 Mn.

Strategic priorities & outlook

• 5-year CAGR: Revenue 19%; EBITDA 32%.
• Domestic market focus and value-added products support profitability.

Risks & mitigation

• Middle East instability disrupted supply chains; volumes affected.
• Mitigation: focus on domestic market and value-added products; rising power/fuel costs.

BRSR filing overview

• BRSR for FY 2025-26 submitted under Regulation 34(2) of SEBI LODR.
• Disclosures are standalone; part of Bharat Wire Ropes Limited Annual Report 2025-26.
• Assurance: Not Applicable; no external assurance obtained.
• Governance: MD Murarilal Mittal designated as highest authority for BRSR.

Key ESG metrics and governance

• CSR applicability is YES; turnover Rs 59,054.28 Lakhs; net worth Rs 81,083.06 Lakhs.
• Board composition: 7 directors with 2 women (29% female representation).
• KMP: 3 members; female representation 0.
• Sustainability governance: Risks reviewed by Risk Management Committee.
• Reporting boundary: standalone disclosures for Bharat Wire Ropes Ltd; no consolidation.

Record date & e-voting window

• Cut-off date for remote e-voting eligibility: 18 September 2026.
• E-voting window: 21 September 2026, 09:00 IST to 24 September 2026, 17:00 IST.
• Purpose: record date for remote e-voting at the 40th AGM.