Bharat Gears Limited
Incorporated in 1971, Bharat Gears Ltdis in the Automotive Gears business
What Bharat files
- Others41
- Important21
- Updates6
- Board Meeting5
- Credit Ratings2
- Dividend/Bonus2
Bharat Gears reported strong FY26 results: Total Income ₹790.5 Cr (up 21.6%), PAT ₹16.5 Cr (up 417%). A dividend of ₹1.00/share was declared. Strategic initiatives include EV product entry and diversification. Mr. Naresh Kumar Verma appointed as Executive Director-Operations.
Shareholders approved a final dividend of Re. 1.00 per equity share. Mr. Naresh Kumar Verma was appointed as Executive Director-Operations for a 5-year term, enhancing leadership in core business operations.
Bharat Gears' AGM approved FY25-26 financials and declared a Re. 1.00 per share dividend. Mr. Naresh Kumar Verma was appointed Executive Director-Operations for five years, bringing 44 years of industry experience.
Bharat Gears' former Joint MD raised concerns about the Chairman & MD's practices. The Audit Committee appointed an external agency for an impact assessment, with a report expected soon. This signals a potential governance issue.
Bharat Gears invested 1.27 Cr for a 29.55% stake in Hexa Energy HR5 Private Limited. This strategic investment secures captive solar power for its Faridabad and Mumbra units, aiming to significantly reduce operational power costs.