Bimetal Bearings Ltd

Bimetal Bearings Limited — Trading Window Closed from 1 October 2026 till 48 hours after the declaration of Financial Results of the Company for the quarter and period ended 30 September 2026.

Regulatory fine and remediation

• BSE imposed total fine ₹51,920 including GST for non-compliance.
• Fine relates to late submission of Corporate Governance report for June 2026.
• Basic fine ₹44,000; GST ₹7,920; total payable by the company.
• Payment due within 15 days from date of letter.
• Company to file waiver application with BSE and provide supporting documents.
• Company has strengthened internal processes to prevent recurrence.
• Non-compliance could lead to promoter shareholding freezing or trading suspension.
• Board to consider the issue at next meeting; exchange to be informed.

Regulatory fine and remedial measures

• BSE levied ₹64,900 fine on Bimetal Bearings for LODR non-compliance; notice dated 20 August 2026.
• Non-compliances pertain to Regulations 6(1) and 13(3) and Regulation 76 DP.
• ₹1,000 daily fines for 13(3) and 6(1) periods; totals ₹55,000 basic and ₹9,900 GST.
• Total payable amount of ₹64,900; due within 15 days per BSE directive.
• Company to file waiver application with supporting documents to BSE.
• Internal controls and compliance monitoring strengthened to prevent recurrence.
• Board to be updated in next meeting; actions to be communicated to Exchange.
• Potential consequences if non-compliance persists include promoter demat freeze or trading suspension.

Process update

• Certificate under Reg 74(5) received from RTA for the latest quarter.

Appointment details

• Mr. Nishant Ramakrishnan appointed Company Secretary and Compliance Officer (KMP).
• Effective from 18 August 2026.
• Board approved the appointment on recommendation of the Nomination and Remuneration Committee.
• Profile: ACS 42279, ACMA, MBA; 10+ years in governance, secretarial and finance.
• No relationship with directors or promoters.
• KMP status conferred with duties as Company Secretary and Compliance Officer.

Standalone results

• Standalone revenue from operations: ₹7,952.77 lakh.
• Standalone total income: ₹8,152.71 lakh.
• Standalone profit before tax: ₹428.07 lakh.
• Standalone profit after tax: ₹320.24 lakh.
• Standalone earnings per share: ₹8.48 (basic and diluted).
• Board approved standalone results; quarter ended 30 June 2026; limited review by Fraser & Ross LLP.

Consolidated results

• Consolidated net segment revenue: ₹7,952.77 lakh.
• Consolidated profit before tax: ₹497.75 lakh.
• Consolidated profit after tax: ₹393.92 lakh.
• Consolidated earnings per share: ₹10.30 (basic and diluted).
• Consolidated results reviewed by Fraser & Ross LLP; approved by Board.

Meeting Details

• Date: 12 August 2026; time and location not disclosed

Key Agenda Items

• Consider, take on record and adopt the unaudited financial statements for the calendar quarter ended June 30, 2026

Other Notes

• Trading window closure for promoters/directors/designated employees commenced 1 July 2026 and ends 48 hours after board meeting

Unclaimed dividend transfer

• Publication informs transfer of unclaimed 2019 dividends to IEPF after seven years.
• Newspaper ads published in The New Indian Express and Dinamani on 30 June 2026.
• Shareholders with unclaimed amounts are urged to claim before transfer; copies attached.

AGM publication highlights

• Newspaper publication announced AGM information including e-voting and dividend approval.

Dividend record date

• Record Date for dividend eligibility: Tuesday, 14 July 2026.
• Book Closure dates previously disclosed are withdrawn.
• Payment timing not specified; eligibility determined by the record date.