BHARAT GEARS LTD.

Bharat Gears Ltd announced at its Annual General Meeting held on August 13, 2026, the approval of a final dividend of ₹1.00 per equity share for the Financial Year 2025-26. Additionally, the members approved the appointment of Mr. Naresh Kumar Verma as Executive Director-Operations for a term of five years, effective June 01, 2026. Mr. Verma, aged 66, brings 44 years of experience in the automotive gears sector and has held leadership roles in various reputed companies. The company affirmed that the appointed director is not debarred by any regulatory authority.

Mr. Wolfgang Rudolf Schilha has ceased to be the Non-Executive Independent Director of Bharat Gears Ltd. His tenure ended on August 3, 2026, following the completion of two consecutive five-year terms. The company's Board of Directors and Management have acknowledged and appreciated his valuable contributions and guidance during his service. This departure is in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Bharat Gears Ltd announced its Un-Audited Financial Results for the quarter ended June 30, 2026. The Board of Directors approved these results in a meeting held on August 03, 2026. The accompanying auditor's report notes an ongoing impact assessment related to concerns raised by the erstwhile Joint Managing Director regarding certain practices by the Chairman and Managing Director. The auditor states that, except for the potential effects of this matter, nothing has come to their attention to suggest material misstatements in the financial results.

Bharat Gears Ltd announced that the appeal filed by its Chairman and Managing Director, Mr. Surinder Paul Kanwar, against the revocation of his passport has been dismissed. The appeal was filed under Section 11 of the Passports Act, 1967. Mr. Kanwar was informed that the dismissal order was received on July 29, 2026. He intends to file a rectification/clarificatory application, stating the appeal was disposed of without an opportunity for representation, contrary to the Act. He assured the board of his fiduciary duties and commitment to transparency.

Bharat Gears Ltd has announced August 6, 2026, as the record date for determining shareholders eligible for a final dividend of ₹1.00 per equity share for the Financial Year 2025-26. This dividend, if declared at the Annual General Meeting scheduled for August 13, 2026, will be paid to shareholders whose names appear on the company's register by the specified record date. The announcement is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Bharat Gears Limited has announced its 54th Annual General Meeting (AGM) to be held on Thursday, August 13, 2026, via Video Conference/Other Audio Visual Means. The agenda includes the adoption of financial statements for the year ended March 31, 2026, and the declaration of a dividend of ₹1.00 per equity share. A key item of special business is the proposed appointment of Mr. Naresh Kumar Verma as Executive Director-Operations for a five-year term starting June 1, 2026, with specific remuneration terms detailed. The AGM will also consider ratifying the remuneration for the company's Cost Auditors for FY 2026-27.

Bharat Gears Ltd has announced that its Board of Directors meeting is scheduled for August 3, 2026. The primary agenda item is to consider, approve, and take on record the Un-Audited Financial Results for the quarter ended June 30, 2026. Additionally, the company has informed that the trading window for its shares will remain closed for promoters, directors, key managerial personnel, and designated persons until August 5, 2026, in compliance with SEBI's insider trading regulations.

Bharat Gears Ltd announced that its Audit Committee has appointed an external agency to conduct an impact assessment concerning certain practices raised by the erstwhile Joint Managing Director, Mr. Sameer Kanwar. The concerns were shared on his last day of tenure, May 31, 2026. The Audit Committee made this appointment on June 15, 2026, to ensure transparency and adherence to corporate governance. The external agency is tasked with providing its report within a reasonable timeframe. The company commits to keeping the exchange informed of any material developments.

Bharat Gears Ltd has announced the closure of its trading window for dealing in the company's shares. This closure is effective from Wednesday, July 02, 2026, and will remain in effect until 48 hours after the public release of the Unaudited Financial Results for the quarter ending June 30, 2026. The restriction applies to promoters, promoter group, directors, key managerial personnel, designated persons, and connected persons. This measure is in compliance with the Code for Prevention of Insider Trading and SEBI (Prohibition of Insider Trading) Regulations, 2015, to prevent potential insider trading activities.

Bharat Gears Ltd has invested ₹1.27 crore in Hexa Energy HR5 Private Limited, acquiring a 29.55% stake. This investment is to procure solar power for its Faridabad and Mumbra units, aiming to curtail power costs. Hexa Energy HR5 Private Limited is a Special Purpose Vehicle focused on renewable energy generation. The investment was made via cash consideration at an issue price of ₹970 per share.