Benara Bearings and Pistons Ltd

Benara Bearings and Pistons Ltd has filed revised Unaudited Financial Results for the half-year ended September 30, 2025. While consolidated figures remain unchanged, standalone results were amended due to typo errors. The company also disclosed significant financial challenges, including defaults on borrowings leading to NPA classification, delays in statutory payments, and substantial outstanding demands from Income Tax and GST authorities. Management is pursuing legal remedies for tax demands and exploring a One-Time Settlement (OTS) with lenders for defaulted loans. Provisions have been made for doubtful debts, and interest expense on defaulted borrowings is not being recognized pending OTS finalization.

Benara Bearings and Pistons Ltd. has announced its audited financial results for the half year and year ended March 31, 2026. The results, reviewed by the Audit Committee and Statutory Auditors, were approved by the Board of Directors on May 30, 2026. The company reported financial figures in lakhs, with comparative figures from previous periods. The company wrote off ₹910.07 lakhs due to non-moving/slow-moving inventories. The company has outstanding Income Tax demands aggregating to ₹9,708.96 lakhs and GST demands aggregating to ₹864.80 lakhs, which are disclosed as contingent liabilities.

Benara Bearings And Pistons Ltd announced that its Board Meeting, originally scheduled for May 26, 2026, to consider and approve the Audited Financial Results for the second half and full financial year ended March 31, 2026, has been adjourned. The adjournment was due to the non-completion of the audit. The company has now rescheduled the adjourned meeting to be held on Saturday, May 30, 2026, for the same purpose of considering and approving the Audited Financial Results.

Benara Bearings and Pistons Ltd has announced revised unaudited standalone financial results for the half year ended September 30, 2025. The revision was due to typo errors, with no changes to the consolidated figures. The company reported a loss from ordinary activities of ₹555.87 lakhs and a net loss for the period of ₹629.58 lakhs. The meeting to approve the results concluded on February 20, 2026. The company has outstanding Income Tax and GST demands of ₹8,678.59 lakhs and ₹911.07 lakhs respectively, which are being contested.

Benara Bearings and Pistons Ltd. has announced that its Board of Directors will convene a meeting on Thursday, May 28, 2026. The primary agenda for this meeting is to consider and approve the Audited Financial Results for the second half of the financial year, as well as for the full financial year, which concluded on March 31, 2026. This disclosure is made in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency for its members and the wider market.

Benara Bearings and Pistons Ltd has announced the closure of the trading window for specified persons for the approval of Audited Financial Results for the year ending March 31, 2026. The closure will commence from January 1, 2026, and will end after 48 hours from the date of declaration of the Audited Financial Results for the 4th Quarter and Financial Year ended on 31st March 2026. All specified persons, including employees, directors, promoters, statutory auditors, and all connected persons as specified and covered under the Code of Conduct, have been advised not to deal in the securities of the Company from April 1, 2026, up to the completion of 48 hours after the declaration of Results.

Benara Bearings and Pistons Ltd has appointed Mr. Harvendra Singh and Mrs. Sunidhi Jain as additional Directors, designated as Independent Directors, effective from 20th March 2026, subject to approval of Members by means of EOGM/Postal Ballot Rules. Mr. Harvendra Singh has a rich professional experience of about 25 years in the field of Auto Ancillary products, while Mrs. Sunidhi Jain has about 15 years of experience in the field of Finance & Banking sector. Their remuneration will not exceed ₹ 5,000/- per meeting plus out of pocket expenses at actuals.

Benara Bearings and Pistons Ltd has submitted the revised unaudited financial results for the half year ended on 30th September 2025. The submission includes Consolidated and Standalone Un-Audited Financial Results, Statement of Assets & Liabilities, and Cash Flow Statement. The Limited Review Report by Statutory Auditors for Consolidated Results has been changed in line with SEBI Circular, ref no. CIR/CFD/CMD1/44/2019 dated March 29, 2019, to include the name of Subsidiaries. The meeting to discuss these changes was held from 12.50 Hrs. to 13.45 Hrs. on February 20, 2026.

Benara Bearings and Pistons Ltd has released its unaudited financial results for the half year ended on 30th September 2025. The results were discussed in a meeting commencing at 12.50 Hrs and concluding at 13.45 Hrs. The report includes Consolidated and Standalone Un-Audited Financial Results, Statement of Assets & Liabilities, and Cash Flow Statement.

Benara Bearings And Pistons Ltd has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/02/2026. The meeting will consider and approve the Unaudited Financial Results for the first half year (30' September 2025) for the Financial Year ending on 31' March 2026. This disclosure is in compliance with Regulation 29 of SEBI LODR Regulations, 2015.