as per attachment
BHARATSE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bharat Seats Limited reported audited financial results for Q4 and full year ended March 31, 2026, receiving an unmodified (clean) audit opinion from S.R. Batliboi & Co. LLP. The Board approved capital expenditure of Rs.86.61 crores for new Maruti Suzuki programmes at Kharkhoda and Gujarat plants. A dividend of Rs.1.50 per share (75% on Rs.2 face value) has been recommended, with July 17, 2026 as record date and payment within 30 days of shareholder approval at the July 24 AGM. The auditors highlighted an Income Tax Department search under Section 132 at company premises and employees' residences in an earlier year as an Emphasis of Matter, though the opinion remains unqualified. Mr. Rishabh Relan has been recommended for re-appointment as Whole-time Director for three years from February 2027.
Clean audit opinion and dividend recommendation signal financial health, while the Income Tax search represents a contingent regulatory risk that shareholders should monitor. The Rs.86.61 crore capex commitment indicates confidence in growth tied to Maruti Suzuki orders.