BHARATSE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bharat Seats Limited held its Board meeting on May 6, 2026, approving the audited financial results for Q4 and FY ended March 31, 2026, with an unmodified opinion from auditors S.R. Batliboi & Co. LLP. The Board recommended a dividend of Rs. 1.50 per equity share (75% on face value of Rs. 2), payable within 30 days of shareholder approval at the 39th AGM scheduled for July 24, 2026. The record date for dividend entitlement is July 17, 2026. Additionally, the Board approved capital expenditure of Rs. 86.61 crores for new Maruti Suzuki programmes at Kharkhoda and Gujarat Navyani plants, and recommended re-appointment of Mr. Rishabh Relan as Whole Time Director for another 3-year term from February 2027.
The dividend recommendation of Rs. 1.50 per share is positive for shareholders, providing income return. The Rs. 86.61 crore capex for Maruti Suzuki programmes signals continued business growth and order wins from the Maruti joint venture. The AGM scheduled for July 24, 2026, with record date July 17, 2026, gives shareholders clarity on dividend eligibility.