Bharat Seats Limited has informed the Exchange that Record date for the purpose of Dividend is 17-Jul-2026.
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Bharat Seats Limited's Board of Directors approved the audited financial results for FY2026 ending March 31, 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), subject to shareholder approval at the 39th AGM scheduled for July 24, 2026. The record date for dividend eligibility is July 17, 2026. Additionally, the Board approved a capital expenditure of Rs. 86.61 crores for new Maruti Suzuki programmes at Kharkhoda and Gujarat Navyani plants. Mr. Rishabh Relan was re-appointed as Whole-time Director for 3 years from February 2027. The auditors noted an unresolved Income Tax Department search conducted in an earlier year, though this did not modify their opinion.
The dividend recommendation signals consistent cash returns to shareholders. The Rs. 86.61 crore capex for Maruti Suzuki programmes indicates continued business growth and dependency on the Maruti JV. The Income Tax search matter warrants monitoring but does not affect the current financial standing.