Q3 FY26 results approved; auditor flags Income Tax search uncertainty
BHARATSE · price
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Bharat Seats Board approved unaudited financial results for Q3 and nine months ended December 31, 2025. Auditor's Limited Review Report has no qualification or adverse remark. However, an Emphasis of Matter note highlights uncertainty about the outcome of an Income Tax search conducted under Section 132 at company premises in an earlier year. Board also approved a Postal Ballot Notice seeking shareholder approval to raise the limit for material Related Party Transactions with key customer Maruti Suzuki India Limited.
Clean review report is positive, but unresolved Income Tax search creates a risk overhang. Higher RPT limit with Maruti Suzuki needs shareholder approval.