BGR ENERGY SYSTEMS LTD.

BGR Energy Systems Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut for all directors, promoters, officers, designated employees, and their immediate relatives. It commences on Wednesday, July 1, 2026, and will remain closed until 48 hours after the announcement of the unaudited financial results for the first quarter ending June 30, 2026. Designated persons, including directors, employees, RTA, and auditors, have been formally notified not to trade in the company's equity shares during this period. The date for the board meeting to approve these financial results will be communicated separately.

BGR Energy Systems Ltd has provided an update on its insolvency proceedings before the Hon'ble NCLAT. The hearing scheduled for June 23, 2026, has been adjourned and posted for orders on July 30, 2026. The suspension order previously granted by the Hon'ble Court/Authority has been extended and will remain in force until the next hearing date. The company is awaiting the official copy of the adjournment order and will inform the stock exchanges upon receipt. BGR Energy will continue to monitor the proceedings and provide further disclosures on material developments.

BGR Energy Systems Ltd has received a copy of the Adjournment Order from the National Company Law Appellate Tribunal (NCLAT) at Chennai. The order pertains to an insolvency proceeding where the company is involved. The appeal, Company Appeal (AT) (CH) (Ins) No. 252/2026, has been listed for further hearing on June 23, 2026. Any interim orders passed by the Tribunal will continue until the next hearing date. This update follows a previous intimation on June 15, 2026, regarding the adjournment.

BGR Energy Systems Ltd has received an order from the Office of the Joint Commissioner, Corporate Circle, Kanpur I, Uttar Pradesh, imposing an aggregate penalty of 30,65,591.26. The order, dated June 18, 2026, includes 15,32,795.63 in CGST penalty and 15,32,795.63 in SGST penalty. This penalty, issued under Section 122(2)(b) of the CGST/SGST Act, is in connection with the alleged suppression of turnover for the tax period from April 2019 to March 2020. The company has stated that there is no material financial impact at this stage and intends to appeal against the order.

BGR Energy Systems Ltd has informed the stock exchanges about the adjournment of its appeal proceedings before the Hon'ble National Company Law Appellate Tribunal (NCLAT), Chennai Bench. The matter, related to the suspension of an NCLT order concerning insolvency proceedings, was scheduled for hearing on June 15, 2026. The hearing has now been adjourned and relisted for June 23, 2026. The company is awaiting the official order copy and will provide further updates upon receipt. This development follows previous intimations regarding the admission of Corporate Insolvency Resolution Process (CIRP) and a stay order by the NCLAT.

BGR Energy Systems Ltd has received a modified Goods and Services Tax (GST) demand order from the Additional Commissioner of State Tax, Chhattisgarh. The original demand of ₹33,65,67,267 has been reduced to ₹21,04,87,008, resulting in a relief of ₹12,60,80,259. The company stated that there is no material financial impact at this stage and plans to appeal the modified order.

BGR Energy Systems Ltd. has received a rectification order dated May 29, 2026, from the Assistant Commissioner (ST), Ponneri Assessment Circle, under Section 161 of the TNGST Act, 2017, for the assessment year 2018-19. The order rectifies a previous remanded order, revising the total demand to ₹94,29,93,514, including tax, interest, and penalty under CGST and SGST. The company intends to file an appeal against the order, stating that it does not expect a material financial impact at this stage.

BGR Energy Systems Ltd. has declared an unmodified opinion on its standalone financial results for the fiscal year ended March 31, 2026. The company initially missed submitting the declaration with the PDF but has now enclosed it along with the signed standalone and consolidated financials. The audit report was issued by M/s. Anand & Ponnappan, Chartered Accountants.

BGR Energy Systems Ltd. has announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved these results at its meeting on May 25, 2026, following a review by the Audit Committee. The results, along with auditors' reports from M/s Anand & Ponnappan, are available on the company's website. The board also approved the appointment of M/s. R Bupathy & Co as the Internal Auditor and M/s. J.V Associates as the Cost Auditor for the financial year 2026-2027.

BGR Energy Systems Ltd's board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. Additionally, M/s. R Bupathy & Co Chartered Accountants were appointed as the Internal Auditor for FY 2026-2027, and M/s. J.V Associates Cost & Management Accountants were appointed as the Cost Auditor for the same period.