Bharat Wire Ropes Ltd

Bharat Wire Ropes Ltd has received a notice from the Maharashtra Pollution Control Board (MPCB) regarding its Chalisgaon manufacturing facility. The notice, issued under environmental acts, directs the stoppage of activities until further directions due to alleged procedural and regulatory non-compliances. The company is actively engaging with MPCB, has submitted compliance details, and requested revocation of the notice. While assessing the matter, Bharat Wire Ropes anticipates no material financial impact at this stage and is taking necessary steps to ensure ongoing compliance.

Bharat Wire Ropes Ltd has appointed M/s. PKF Sridhar & Santhanam LLP as Internal Auditor, M/s. Dilip M. Bathija as Cost Auditor for the financial year 2026-27, and M/s. Borkar & Muzumdar as Statutory Auditors for five years commencing from 2026-27 to 2030-31. These appointments were approved by the Board of Directors based on the recommendation of the Audit Committee at its meeting held on May 16, 2026.

Bharat Wire Ropes Ltd has announced its audited financial results for the quarter and year ended March 31, 2026. The results, along with the Statutory Auditor's report, were adopted and approved by the Board of Directors on May 16, 2026. The auditor, Borkar & Muzumdar Chartered Accountants, issued an unmodified opinion, stating the financial results present a true and fair view in accordance with applicable accounting standards.

Bharat Wire Ropes Ltd's board approved audited financial results for the quarter and year ended March 31, 2026. They recommended a final dividend on unlisted CCPS, subject to shareholder approval. PKF Sridhar & Santhanam LLP was appointed as Internal Auditors, Dilip M. Bathija as Cost Auditors, and Borkar & Muzumdar as Statutory Auditors for consecutive years, also pending shareholder approval. The board meeting concluded at 2.10 P.M. (IST).

Bharat Wire Ropes Ltd has scheduled a Board of Directors meeting on May 16, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026, and to declare a final dividend on unlisted CCPS. The trading window has been closed since April 1, 2026, and will reopen 48 hours after the declaration of financial results.

Lloyds Metals and Energy Limited, along with Lloyds Enterprises Limited (as Person Acting in Concert), has acquired 36,46,875 equity shares, representing 5.31% of Bharat Wire Ropes Limited's paid-up share capital. This acquisition was made through open market purchases on April 17, 2026. Following this transaction, the combined shareholding of Lloyds Metals and Energy Limited and its PAC in Bharat Wire Ropes Limited has increased from 0.46% to 5.77%. This disclosure was made under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Bharat Wire Ropes Ltd (BWR) has issued a clarification regarding recent price and volume movements in its shares, following an inquiry from NSE and BSE dated April 20, 2026. The company affirmed its compliance with Regulation 30 of SEBI (LODR) Regulations, 2015. BWR stated that neither the company nor its promoter(s) possess any price-sensitive information or material events that could influence the scrip's price or volume behavior. The company clarified that any observed price/volume fluctuations are solely attributable to market forces and not due to any undisclosed material information.

Lloyds Metals and Energy Limited (LMEL), along with its Person Acting in Concert (PAC) Lloyds Enterprises Limited (LEL), has acquired a 5.31% stake in Bharat Wire Ropes Limited (BWRL). This acquisition, made through open market purchases on April 17, 2026, increased LMEL's total holding from 0.46% to 5.77%. The transaction involved the acquisition of 36,46,875 equity shares. Both companies are listed on BSE and NSE. This disclosure is made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Bharat Wire Ropes Ltd announced the resignation of Mr. Venkateswararao Laxmanamurty kandikuppa as a Whole Time Director of the Company with effect from the closing of business hour of 31st March, 2026. The resignation is due to personal reasons and other commitments. Mr. Kandikuppa has expressed gratitude for the opportunities and experiences gained during his tenure and wishes the Board and team all the best for the future.

Bharat Wire Ropes Ltd, with the stock exchange codes BHARATWIRE (NSE) and 539799 (BSE), has announced the closure of its trading window for the quarter ending 31st March, 2026. This closure is in accordance with the Company's Code of Conduct and the SEBI (Prohibition of Insider Trading) Regulations, 2015. The trading window will reopen 48 hours after the announcement of the company's audited financial results for the quarter and year ended 31st March, 2026.