Bharat Gears Limited (BHARATGEAR) — Board Meeting | 30 May 2026 (2 announcements)

The Board of Directors of Bharat Gears Limited approved a final dividend of Rs. 1.00 per share for FY 2025-26, subject to shareholder approval, and appointed Mr. Naresh Kumar Verma as Executive Director (Operations) for five years effective June 1, 2026, while deciding not to extend Mr. Sameer Kanwar's tenure as Joint Managing Director beyond May 31, 2026.

Bharat Gears Limited announced the audited financial results for the quarter and year ended March 31, 2026, approved by its Board on May 30, 2026, alongside an unmodified audit opinion from Deloitte Haskins & Sells LLP. The filing confirms the company's continued operations, with revenue of ₹78,417 lakhs and net profit of ₹2,201.88 lakhs for the full year, reflecting growth from previous periods. The Board recommended a ₹1 per share dividend, subject to shareholder approval at the upcoming AGM. The company also disclosed ongoing legal matters related to the Chairman's passport revocation and citizenship concerns, though deemed non-material. No new capital raise or restructuring was announced.