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EflANAT GEANS UM]ITEE
Regd. Ofilce & Works :
20 K.M. Mathura Road. PO. Box 328
PO. Amar Na9ar, Faridabad - 121003 (Haryana) tNDtA
Ceared for life Tel. i+91 (129) 4288888, E-mail : info @ bglindia.com
Corporate ldentity Number . 129130HR197i P1C034365
BG L/SEC/NSE/3/AUG UST 2026.2027 BG L/S EC/BSE/2/AUG UST 2026.2027
August 03, 2025
The Manager (Listing)
of lndia Ltd BSE Limited
1st Floor, New Trading Ring,
Rotunda Building
PJ Towers, Oalal Street
(E), Fort, Mumbai -400001
SYMBOL: BHARATGEAR STOCK CODE: 505688
Sub:@
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
June 30, 2026 approved by the Board of Directors of the Company at its Meeting held
on August 03,2026 in terms of Regulation 33 of the Regulations.
The meeting of Board of Directors of the Company commenced at 03:Oo P.M. and
concluded at o S :1 5 P.M.
You are requested to kindly take the same on records.
Thanking you,
Yours faithfully,
FoT BHARAT GEARS LIMITED
Prashant Khattry
Corporate Head (Legal) and Company Secretary
Encl: As above
Mumbai Office i 14th Floor Hoechst House, Nariman Point, Mumbai - 4OO 021 INOIA
ffi"ffi fel.:
+91122) 2283 2370, Fax :r91-(22) 2282 1465, Emait: info@bharatgears.com
lvlumbra Works r Kausa Shil, Mumbra, Distt. Thane-4OO 612, (Maharashlra) tNDIA
Tet. +91(22) 2535 2034,2535 7500, Fax: +91(22) 2535 165.1
www.bharatgears.com
Chartered Accountants
One International Centre
Tower 3, 31st Floor
Deloitte
Senapati Bapat Marg,
Elphinstone Road (West)
Haskins & Sells LLP Mumbai – 400 013
Maharashtra, India
Tel: +91 22 6185 4000
Fax: +91 22 6185 4001
INDEPENDENT AUDITOR’S REVIEW REPORT ON REVIEW OF INTERIM FINANCIAL RESULTS
TO THE BOARD OF DIRECTORS OF BHARAT GEARS LIMITED
1. We have reviewed the accompanying Statement of Unaudited Financial Results of BHARAT GEARS
LIMITED (“the Company”), for the quarter ended 30 June, 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 review 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 audit 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 might be identified in an audit. Accordingly, we do
not express an audit opinion.
4. We draw attention to Note 9 to the Statement, regarding concerns shared by the erstwhile Joint
Managing 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. As on the date of this report, the impact assessment is
ongoing. Consequently, we are unable to determine the effect, if any, that this matter may have on
the accompanying Statement for the quarter ended 30 June, 2026.
5. Based on our review conducted as stated in paragraph 3 above, except for the effects / possible effects
of the matter described in paragraph 4 above, nothing has come to our attention that causes us to
believe that the accompanying Statement, has not been 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, and 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.
For DELOITTE HASKINS & SELLS LLP
Chartered Accountants
(Firm’s Registration No. 117366W/W-100018)
SAMPADA Digitally signed by
SAMPADA NARVANKAR
NARVANKARDate: 2026.08.03
16:31:29 +05'30'
Sampada S Narvankar
(Partner)
(Membership No. 102911)
Delhi, 03 August, 2026 UDIN: 26102911LXCJNV8790
Regd. Office: One International Centre, Tower 3, 31st Floor, Senapati Bapat Marg, Elphinstone Road (West), Mumbai – 400 013, Maharashtra, India
Deloitte Haskins & Sells LLP is registered with Limited Liability having LLP Identification No.AAB-8737