Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 ('the Regulations'), we are enclosing herewith Un-Audited Financial Results of the Company along with Limited Review Report thereon for the quarter ended September 30, 2026 approved by the Board of Directors of the Company at its Meeting held on October 30, 2026 in terms of Regulation 33 of the Regulations. The meeting of Board of Directors ....

BHANAT EEANS UflITEO Regd. Office & Works : 20 K.M. Mathura Road, PO. Box 328 PO. Amar Nagar, Faridabad - 121003 (Haryana) INDIA Geared for life Tel.: +91 (129) 4288884, E-mail : inlo@ bglindia.com Corporate ldentity Number : 129'130HR1971P1C034365 BGL/SEC/NSE/3/OCTOBER 2026-2027 BGL/SEC/BS E/2/OCTOBER 2026-2027 October 30, 2026 The Manager The Manager (Listing) National of lndia Ltd BSE Limited , Sth Floor, 1srFloor, New Trading Ring, Plot No. , G - Block, Rotunda Building Complex, PJ Towers, Dalal Street (E), Fort, Mumbai - 400001 - 400051 SYMBOL: BHARATGEAR STOCK CODE: 505688 Sub: Outcome of Board Meetinq 3/26-27 Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 ("the Regulations"), we are enclosing herewith Un-Audited Financial Results of the Company along with Limited Review Report thereon for the quarter ended September 30, 2026 approved by the Board of Directors of the Company at its Meeting held on October 30, 2026 in terms of Regulation 33 of the Regulations. The meeting of Board of Directors of the Company commenced at t2l3o P.M. and concluded at o2130 P.M. You are requested to kindly take the same on records. Thanking you, GEARS LIMITED Prashant Corporate Head (Legal) and Company Secretary Encl: As above Mumbai Office: 14th Floor Hoechst House, Nariman Point, Mumbai - 4OO 021 INDtA rel.: +91(22)22832370,Fax.+91-(22')2282 '1465, Email: inlo@bharatgears.com Mumbrd.Works: Kausa Shil, Mumbra, Distt. Thane4oo 612, (Maharashtra) INDIA Iel.: +9'l(2212535 2034,2535 75oo, Fax: +91(22)2535 1651 www.bharatgears.com Deloitte Chartered Accountanta One lnternational Center, Haskins & Sells LLP Tower 3,31st Floor, Senapati Bapat MarS Elphinstone Road (Wes0 Mumbai-400 013 Maharashtra,lndia Tel: +91 22 6185 6000 Fax:+91 22 61854101 II{DEPENDEt{T AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF BHARAT GEARS LIMTTED 1. We have reviewed the accompanying Statement of Unaudited Financial Results of BHARAT GEARS LIMrTED ("the Company"), for the quarter and six month period ended 30 September, 2026 ("the Statement"), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("the Listing Regulations"). 2. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review, 3. We conducted our revierr,r of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity', issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audat conducted in accordance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that miqht be identifled in an audit. Accordingly, we do not express an audit opinion, 4. We draw attention to Note 6 to the Statement, regarding concerns shared by the erstwhile loint I'lanaging Director regarding certain practices by the Chairman and Managing Director of the Company. Pursuant to the concerns raised, the Audit Committee has engaged an independent external agency to carry out an impact assessment for the same. Subsequent to the quarter ended 30 September, 2026, the draft preliminary observations report has recently been submitted by the external agency to the f,lanagement, which is under assessment by the Management and Audit Committee. Pending such assessment, we are unable to determine the effect, if any, that this matter may have on the accompanying Statement for the quarter and six month period ended 30 September, 2026. 5. Based on our review conducted as stated in paragraph 3 above, except for the effects / possible effects of the matter described in paraqraph 4 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aForesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. FoT DELOITTE HASKINS & SELLS LLP Chartered Accountants (Firm's Registration No. 117 366W/W-100018) Sampada s Narvankar Partner (!lembership No. 10291U uDrN : 2C lo rRt\ C!<ZDWX 5l t 5 Faridabad, 30 October, 2025 Regd. Office: One lnternational Center, Tower 3, 3'lst floor, Senapati Eapat Marg, Elphinstone Road (Wes0, Mumbal-400 0l3, Maharashtrd, lndia. Deloitte Haskins & Sells LLP is re8istered with Limited Liability havint LLP identificatlon No: MB'8737 IHAMT GEAAS UMlrTO CIN: t29130HR1971P1C034365 R.li!t.r.d otliei20 (. M. M.thoE Ro.d, P. o. AmarNag.r, F.nd.b.d_121003 (H.ryan.) SIATTMEiVT OF IJNAUO|.rED F INANCIAL RESU LTs FOR TXE qUAATR AND SIX MONTH PERIOO E NDED 30 SEPIEMBE& 2026 sir monrh p..iod ..d.d :t0.09.2026 3006.2026 1009.2025 t0.09.2026 30 09 2025 3103 20?6 I Ra..u. trom op...tiont 134t .1' 21554.94 ' a5:l&t.at 34453.86 1U7r.41t ,at.", 2 9!.49 I rta.13 r57.28 6t2.75 ,***l 3 2:19t0.!16 21505 98 45tt5.ta !t821.!t 79050.2! 4 (.1coltotm.t. .lrrndompon.nBcontum.d 13032.54 11205.51 ,*rr."a I 2t2lt 05 20720,26 41230.35 {b} ch.na.3 'n r^r.rorEi of f,i,sh.daood3.nd wo,Ln. lr0..r.l 21.42 "-.t,1 (115.521 1424.02) t3z.t4 k) Employ.. b.n.fiE.xp..i. (i.r.r nor. 4) 3012.11 3653.33 3149.79 I ,a55,4/l 62!9.86 13!54.19 341.93 324,88 ar, "o ] 673.ET 724,16 1400.41 {.} D.pr.ci.tion rhd .mortir.tion .xp.nr. at2,t1 504.22 57A.S5 9!0.33 1153.95 2237.04 6495.9t 5865.89 5023.49 r2!51.!a 9230.41 18574.23 2rt67.10 21585.65 lg7a7,tl rr952.95 t7u1.62 7644It.35 Pronvlb3tl b.for. irr ll{) 543.66 19.93 956.11 56!.5t 1176.52 2201,88 6 (.) curicnt t.r .rp..s./(cEdit) tr3.o4 195.42 1!r.1! 2ao.a5 422 t, (b) D.l.rrud tu ch.,i./lcr.ditl 139.35) (5.09) 38.48 lr3.r5l 4E.82- 29-30 (c) ltxc.rs)/sho^ prcvition for t.x r.l.tina to prior yc.rs 0.11 0.lt 13!.t6 5.05 233.90 r:l!.91 2At,67 551.47 7 Proir/ltottl h. dtc p.rlod l55l a09.&l 14.88 722.21 a2a.6! E€5.E5 1550.41 a lo$.l conrlth.BlY. h.oln./llolll l | t .c Am ..t mrh .. .r 3 uw r. mrn .o nr tb r. .hr.c /(l. l$ d' ,r €d o n r do .e fi.'o .dri bor c .1 .6 ti3 ts obll..ron3 (2.23) I (2.23) 11.63 (...6) za.a5 240.01 0.55 0.56 {2.92} l,l]l (r.E5) (50.4r) loucr comsrrrrarrr rncm./[o..) ior th. F.iod (..i ol r.r) (1.611 (1.67) a,7l l!.x) t7,al 119.@ 9 I lrod.orrF.h.irl'! ln.o.r./tlo.t) bl rh. P.rlod lr+81 aol.13 13.21 ,30,97 a2t3a 9q.26 l83o.0l 10IlP.r+ue.qurtyeh.rcoplt.l l5lt.5l 1535.s1 1535.51 r535.tr 1535.51 t5!5.51 l{F.a v.re r ro/.p.r rh.rc) 11 11543.40 .2.57 '0.10 '5.71 10-15 IHAiAI 6EA85 IIMIIED clN: 1291!0Hi1971PL@34365 R?ti .r.d Offie:20l(. M. M.thun ndd, P. O. Am.rNa8ar, F.id.b.d'121003 (H"v'm) 1_ fh. .boE un.udit d Fimn<nt i.5ub h.E t .n rcvi.wd .nd Bomm..!,.d by th. aoct committc. .nd h.E b..n .pp@.d bv lhc 6erd 6f oiEcro6 't th'ir rcro.Gtiv [Showing first 8,000 characters — download PDF for full document]