Bharat Seats Limited's Board of Directors, in a meeting held on May 6, 2026, approved the annual financial statements and audited financial results for the financial year and quarter ended March 31, 2026. The company also approved a capital expenditure of approximately ₹86.61 crore for new programs of Maruti Suzuki India Limited, to be implemented at its Kharkhoda and Gujarat Navyani plants. Furthermore, the Board has recommended a dividend of 75%, or ₹1.50 per equity share of ₹2 each, for the year ended March 31, 2026, subject to shareholder approval. The record date for this dividend is set as July 17, 2026. The Board also approved the draft notice for the 39th Annual General Meeting (AGM) to be held on Friday, July 24, 2026. In terms of human resources, the Board has recommended the re-appointment of Mr. Rishabh Relan as Whole-Time Director for another term of three years, from February 4, 2027, to February 3, 2030. Mr. Relan, who has been with the company since August 2012 and as a Whole-Time Director since February 2021, holds a Bachelor's in Science in Industrial Engineering from Georgia Institute of Technology and a Diploma in Six Sigma in lean manufacturing. He is also a Director at NDR Auto Components Limited, an associate company. The auditors, M/s S.R. Batliboi & Co. LLP, issued an unmodified opinion on the financial results. The Board also approved the revised CSR Policy.
