General Updates

EflANAT GEANS UM]|fEII Regd. Office & Works 20 K.M. Mathura Road, PO. Box 328 PO. Amar Nagar, Faridabad - 121003 (Haryana) INDTA Geared for life Tel. : +91 (129)4288888, E-mail : in,o@ bgtindia.com Corporate ldentity Number I 129130HR1971P1C034365 BGUSEC/NS E/3/AUG U ST 2O2G-2027 BG L/S E C/BS E/2/AUG UST 2026.2027 August 25, 2026 The Manager (Listing) The Manager ( National Stock Exchange of lndia Ltd BSE Limited "Exchange Plaza", 5th Floor, Plot No C-'1, G - Block, Rotunda Bandra Kurla Complex, Dalal Street Bandra (E), Mumbai - 40005'l SYMBOL: BHARATGEAR STOCKCODE: 505688 Sub: of Part- 9omoliance Disclosure Requirements) Requlations. 2015 Dear Sir/Madam, Pursuant to Part-A of Schedule lll of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the minutes of Annual General Meeting of the membersof the Company duly convened on August j3,2026. You are requested to take the same on your records. Thanking you, Yours faithfully, For Limited Prashant Corporate Head (Legal) & Company Secretary Encl: As above Mumbai Office: 'l4th Floor Hoechst House, Nariman point, Mumbai - 4OO 02.l INDIA fel.. +91(22) 2283 2370. F ax :+91-(22\ 22821465. Emait: info@bharatgears.com N,4umbra Works: Kausa Shil, Mumbra, Distt. Thane-4OO 6'12, (Maharashtra) INDIA Tel.: +91(22) 2535 2034,2535 7500, Fax: +91(22)2535 1651 hh..-t^6-.. MINUTE BOOK MINUTES OF 547H ANNUAL GENERAL MEETING OF MEMBERS OF BHARAT GEARS LIMITED HELD ON THURSDAY, THE 13TH AUGUST, 2026 COMMENCED AT 04:fi) P.M. & CONCLUOED AT 04:55 P.M. THROUGII (OAVM) ^t vtpEo CoNFERENCE (VCyOTHER AUDTO VTSUAL mEANS PRESENT: MEMBERS: Attended through VC/OAVM : 468 (including 6 members from Promoters & Promoter Group) (Holding 8501 074 Shares) DIRECTORS: Mr. Surinder Paul Kanwar Chairman and Managing Director Mr. Naresh KumarVerma Executive Director-Operations Mr. Raman Nanda Non-Executive lndependent Director Mr. N.V. Srinivasan Non-Executive lndependent Director Ms. Kavita Jha Non-Executive lndependent Director Mr. Bharat Dev Singh Kanwar Non-Executive lndependent Director Mr. Satya Prakash Mangal Non-Executive lndependent Director SCRUTINIZER: Ms. Rashmi Aswal Partner M/s AGB & Associates Company Secretaries Faridabad IN ATTENDANCE: Mr. Milind Pujari Chief Financial Ofiicer Mr. Prashant Khattry Corporate H6ad (Legal) and Company Secreiary AUDITORS: Ms. Sampada Narvankar Representative of Statutory Auditors (Deloitte Haskins & Sells LLP) Mr. Tanuj Vohra Representative of Secretarial Auditors (TVA & CO. LLP) Mr. Raman Nanda, Chairman of the Audit Committee and Mr. N.V. Srinivasan Chairman of the Nomination & Remuneration Committee & Stakeholders' Relationship Committee were present in the meeting to answer the shareholders queries. Following registers and documents were made available eleckonically for inspection by the members: Register of Members Register of Directors' Shareholding Register of Contrasts and Anangements in which Directors are interested Auditor's Report for the year ended March 31, 2026 surinder ordlvysrt Secretarial Audit Report for the year ended March 31, 2026 6. Audited Financial Statements for the year ended March 31, 2026 Kanwar uo:,.t,orr Mr. Prashant Khattry, Corporate Head (Legal) and Company Secretary C HAIR MAN'S welcomed the members present at the 54th Annual General Meeting of the INITIALS cEsfrlIEDrRuEcoTI MINUTE BOOK compan ,y T a tn lgd .g ave Generar inskuclions to the members regarding participation I.,lh: With the permission of the members present, the notice of 54",Annuat General Meeting was taken as read. S^ubsequently, the Chairman u,elcomed the Members and informed that 'Pursuant to various circurars issued by the Ministry oicorporate eni,'ir. tl,,liel, the 54th Annual Generar Meeting is being coniucted tiy etectronic means through.,y.9lOAvM platform "tnstaMeet,' provided by Registrar and Transiei Agent' MUFG lntime lndia private Limited (Formerty (nown as Link lntime lndia Private Limited). The Notice and Annual Report foi the Financial year 202s-26 was senl only by eleclronic mode to the membsrs whose e-mail addresses are registered with the company/Depositories and a letter providing the web-link, including the exact path, where comprete detairs of tire Rnnu'ar neport ire available was sent to ell those shareholders who have not registeied their e-mail addresses. The chairman introduced the Directors and officers attending the meeting through electronic means to the Members and upon co-nfirming froi Mr. Prashant Khattry, Corporate Head (Legal) and Company Secrotari of the Company, he declared that the necessary quorum \ivas present and catted the meeting to order. It was announced by the chairman that the company has provided remole e-voting facility to members to cast their vote. Members who hive not cast their votes through remote e-voting may cast their votes by voting through electronic means at the AGM. The Board of Directors of the companiin its ;eeting held on 30 May, 2026 appointed Ms. Rashmi Aswat, partner,'Md AGB & Assoiiates, company secretaries, Faridabad as scrutinizer for the remote e-voting and e-voting at the Annual General Meeting. The meeting proceeded with the keynote addrcss of the Chairman as follows: Dear Shareholders, Good^evening, and.a very warm wercome to the 34th Annuar Generar Meeting of your company. lt gives me great pleasure to share that Fy 202s-26 was a y-ear of smart growth, key advancements, and continued commitment to buiHi;g a sustainable future and lasting value for all our stakeholders. Our Pedormance P::p[. : challenglng.gtobat-onvironment, we delivered a reclrd_high Total In"gT:_o^f t79,O5O Lakhs, up 21 .60o/0 yearon-year. Our EBTTDA gre* ir O.eb% to t5,859 L3![s, with margins improving lo i.47o/o. Most notabiy, profit after ax rose to t1 ,650 Lakhs from {319 Lakhs - an outstanding grovii of 417 .240/0. This was driven by strong demand from the farm equipment segment, new order. acquisitione, and deeper customer engagement, tetping us-grow 20yo, rsely in line with industry volume groMh o{2so/o. Exports accounted for 30yo our overall revenues this year. Surinder o'cn rv.c,"d Paul b, S{^n rF p.ut ln recognition of lhis improved performance and reafflrming our commitment to 0h2o26fill Kanwar ',d{o.or! enhancing shareholder value, the Board has recommended a dividend of 10% the equity shares of the company. CHAIRMAN,S Backdtop IN ITIALS CERNFIED TRI.JE COPY MINUTE BOOK The..lndian economy delivered a robust 7.lo/o rcal GDp growth, retaining its position as the world's fastest-growing major economy, supported by the ,C-hina plus one' strategy and poricies sucn ai pLl and Atnanirbhar liharat. The automobile sector recorded its highest-ever annual sares, with p"s"nj"i vehicles up 8%, commercial vehicles up 12.60/o, and EV saf"i r!.ctirg ; landmark 24-52 lakh units, up 24.60/o. The tractor segment also saw rec-ord sales of 1 .04 million units. Strategic Focus we strengthened our product portforio with new sub-assembries, ground bever gears, and advanced honing technorogy, reinforcing our technorojy reaoerstril in precision gear manufacturing. wJlovanceo Jui customer diversification strategy, deepened export relationships, and took our first sfeps into fV products, with discussions undeninay with setect two ano three-wheeler EV players. on .sustainability, we advanced project vasundhara, our ESG framework, signing a renewable Power purchase .Agreement for our Faridabao tacifitv. Nearly 67% of our manufacluring operatioris are now cerfifieo unoe, rsb aiooi for occupational health and safefu. ' The Way Ahead As we 6nter FY 2026'27, r remain optimistic about our rong-term opportunities. Structural drivers such as localisation, technofogy ;option, and demand for value-added offerings continue to create n", gro-*th we wir deepen our reach in agricurture and, consrruction eluipme"nr"t n wu ne is re. expanorng-i-nil electric and. hybrid segments, backed uy a strc,ir!-oroer piperine and continued investment [Showing first 8,000 characters — download PDF for full document]