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