NSEGeneral Updates25 Jun 2026 · 25 Jun 2026, 04:39 pm
General Updates
Bharat Seats Limited · BHARATSE
✦ AI SummaryRegulatory
Bharat Seats Limited has received four penalty orders from the Income Tax Department for a total amount of Rs. 271.48 lakhs for the assessment years 2019-20 to 2021-22 and 2024-25. The company plans to file appeals against these orders and does not expect any impact on its financials or operations.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern2/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment4/10
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Bharat Seats Limited has informed the Exchange about General Updates
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BHARAT SEATS LIMITED
Plot No.1, Maruti Udyog Joint Venture Complex, Gurugram-122015 (Haryana) India
Phones : +91-9643339870-74 E-mail:seats@bharatseats.net
CIN: L34300DL1986PLC023540 WEBSITE: www.bharatseats.com
June 25, 2026
BSE Limited National Stock Exchange of India Limited
Corporate Relationship Department Exchange Plaza, Plot No. C/1, G-Block Bandra
PJ Towers, 25th Floor, Dalal Street, Kurla Complex, Bandra (East),
Mumbai – 400 001 Mumbai – 400 051
Scrip Code: 523229 Trading Symbol: BHARATSE
Subject: Intimation under Regulation 30 of SEBI(Listing Obligations and Disclosure
Requirements) Regulations, 2015
Dear Sir/ Ma’am,
This is to inform you that the Company has received four Orders from the Income Tax
Department, Office of Deputy Commissioner of Income Tax, Delhi.
The requisite information as per Para A of Part A of Schedule III under Regulation 30 of
Listing Regulations is given as Annexure A.
Yours faithfully,
For Bharat Seats Limited
Ritu Bakshi
Company Secretary and Compliance Officer
Membership No.: F3401
Regd.Office:1, Nelson Mandela Road, Vasant Kunj, New Delhi-110070
Phone: 09810808631
BHARAT SEATS LIMITED
Plot No.1, Maruti Udyog Joint Venture Complex, Gurugram-122015 (Haryana) India
Phones : +91-9643339870-74 E-mail:seats@bharatseats.net
CIN: L34300DL1986PLC023540 WEBSITE: www.bharatseats.com
Annexure A
Sr.no.
1. Name of the authority Income Tax Department, Office of the Deputy
Commissioner of Income Tax, Central Circle 19,
Delhi.
2. Nature and details of the action(s) taken, Company has received four penalty orders under
initiated or order(s) passed section 271 DA read with section 269ST of the
Income Tax Act, 1961 for A.Y. 2019-20 to 2021-22
and A.Y. 2024-25.
3. Date of receipt of direction or order, June 24, 2026
including any ad-interim or interim
orders, or any other communication from
the authority;
4. Details of the The Company has received four penalty orders for
violation(s)/contravention(s) committed Rs.271.48 lakhs as per details given below:
or alleged to be committed;
Assessment Year Amount (Rs. in Lakhs)
2019-20 26.67
2020-21 26.53
2021-22 170.76
2024-25 47.52
Total 271.48
5. Impact on financial, operation or other The Company will be filing appeals for A.Y. 2019-
activities of the listed entity, quantifiable 20 to 2021-22 and A.Y. 2024-25 against the
in monetary terms to the extent possible. aforesaid orders.
As per Company’s own assessment and also based
on legal advice received, management is confident
of favorable outcome for such appeals.
Hence no impact is envisaged on the financials,
operations or other activities of the Company on
account of the above mentioned orders.
6. Explanatory for delay in disclosure No delay as the disclosure is made within 24 hours
after receipt of orders.
Regd.Office:1, Nelson Mandela Road, Vasant Kunj, New Delhi-110070
Phone: 09810808631