Board approves results, solar stake and postal ballot notice
BHARATSE · price
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The board approved results for the quarter and six months ended September 30, 2026. The auditor's review found no material misstatement, but flagged uncertainty from an income tax search. It reconstituted committees, cleared a shareholder postal ballot on a higher transaction limit with NDR Auto Components, and approved Rs 99 lakh for 26% of a proposed solar power company in Haryana, targeted for completion in Q1 2027-28.
Solar investment may lower power costs, but tax uncertainty and a pending shareholder vote remain risks. Results are needed to judge earnings impact.