Bharat Seats Limited has informed the Exchange about AGM
BHARATSE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bharat Seats Limited's Board approved the Annual Financial Statements and Audited Financial Results for FY ended March 31, 2026. The auditors, S.R. Batliboi & Co. LLP, issued an Unmodified Opinion (clean audit). The Board declared a dividend of Rs. 1.50 per equity share (75% payout) with record date July 17, 2026. Capital expenditure of Rs. 86.61 crores was approved for new Maruti Suzuki programmes at Kharkhoda and Gujarat Navyani plants. The 39th AGM is scheduled for July 24, 2026. Mr. Rishabh Relan (son of Chairman & MD) has been recommended for re-appointment as Whole-time Director for 3 years from February 2027. Note: Auditors drew attention to an earlier Income Tax Department search, but the opinion was not modified.
Positive signals include a clean audit, dividend declaration, and strong capex commitment for Maruti Suzuki programmes. The Income Tax search is a minor concern but does not affect the audit opinion. Shareholders can expect dividend payout after July 24 AGM approval.