Bharat Seats Limited has informed the Exchange that Board of Directors at its meeting held on May 07, 2025, recommended Final Dividend of 1.10 per equity share.
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Bharat Seats Limited's Board, at its meeting on May 7, 2025, approved the audited financial results for Q4 and full year ending March 31, 2025, along with the Annual Financial Statements. The Board recommended a final dividend of Rs. 1.10 per equity share (55%) on shares with a face value of Rs. 2, subject to shareholder approval, to be paid within 30 days of declaration. The 38th Annual General Meeting is scheduled for July 9, 2025, with the Register of Members and Share Transfer Books closed from July 3 to July 9, 2025. The statutory auditor, S.R. Batliboi & Co. LLP, issued an unmodified opinion but flagged an ongoing uncertainty related to an Income Tax search conducted in an earlier year under Section 132. The Board also appointed Mr. Rupinder Singh Bhatia as the new Secretarial Auditor for a 5-year term (FY26 to FY30).
Shareholders will receive a modest dividend of Rs. 1.10 per share pending AGM approval, while the lingering Income Tax search matter remains a key overhang to monitor as it could affect future financials. The dividend amount is small relative to typical yields, so the stock is unlikely to see a strong positive reaction purely on this news.