Pursuant to Part-A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the minutes of Annual General Meeting of the members ....

BflANAT GCATIS I'IIITITEO Arb Regd. Office & Works : 20 K.M. Mathura Road, PO. Box 328 PO. Amar Na9ar, Faridabad - 121003 (Haryana) tNDtA Geared for life Tel. : +91 (129) 4288888, E-mail : inlo @ bgtindia.com Corporate ldentity Number. 129130HR1971P1C034365 BGUSEC/NSE/3/AUGUST 2026-2027 BGL/SEC/BSE/2/AUGUST 2026.2027 August 25, 2026 The Manager (Listing) The Manager (Listing) National Stock Exchar of lndia Ltd BSE Limited "Exchange Plaza'l Floor, Plot No. C-1 : Block, 1st Floor, New Tradino Rino Rotunda Building Bandra Complex, PJ Towers, Dalal Street Fort, Mumbai - 400001 bai - 400051 SYMBOL: BHARATGEAR STOCKCODE: 505688 Dear Sir/Madam. RP eu qrs uu ira en mt et no ts p ) a Rr et- sA u lao tf io s nc sh . e zd ou rr se , , pr i eo asf eth 'iie -n s dE "eB ;r t o( JL ;i ;s 'tt hin eg obrigations and Discrosure Meeting of the members of tne Company arf V "".r"""i "" Augum stin .u 13te , 2s o 2f .Annuat Generat You are requested to take the same on your records. Thanking you, Yours faithfully, Forf+r€rlt Gea rs Lim ired w (^---rl Y.../''€' Prashant"Khattry Corporate Head (Legal) & Company Secretary Encl: As above Mumbai Office : 14th Floor Hoechst House, Nariman point. Mumbai _ 400 021 INDIA Tel.. +91122122632370,Fax.+91-(22122821465, Emait: info@bharatgears.com IM eu lm .:b ra Works : Kausa Shit. t\rumbra, Distt. Thane_4OO 612, ([,i;arashtra) INDtA +91(22) 2535 2034, 2535 7500, Faxr +91(22) 2535 1651 www bharatgears.com MINUTE BOOK MINUTES OF 54TH ANNUAL GENERAL MEETING OF IITEMBERS OF BHARAT GEARS LIMITED HELD ON THURSDAY, THE 13TH AUGUST, 2026 COMMENCED AT 04:00 P.M. & CONCLUDED AT 04:55 P.M. THROUGH vrDEo coNFERENCE (VCyOTHER AUpto vtsUAL MEANS (OAVM) 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 Direc.tor Mr. Naresh Kumar Verma Execuiive Direclor-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 Officer n Mr. Prashant Khattry Corporate Head (Legal) and Company Secretary AUDITORS: li Ms. Sampada Narvankar Representative of Statutory Auditors (Deloitte Haskins & Seils 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 & stakehord-eirtse j Relationship committee were present in the meeting to answei shareholders queries. Following registers and documents were made avairabre erectronicaily for inspection by the members: RegisterofMembers ?. leglster of Directors' Shareholding Register of contracts and Arangements in which Directors are interested Auditor's Report for the year ended March 31, 2026 6! . _Seqletalat Audit Report for the year endect March 31, 2026 S PU ari und l er 6o'e *o .,rtlend Audited Financial Statements for the year ended Marcfr 91,2026 Kanwat rhrir.otx Mr. Prashant Khattry, Corporate Head (Legal) and Company Secretary C HA IR MA N,S welcomed the m€mb€rs present at the 54ih Annual Generar'Meeting of the INITIALS pExflnEDTRt ECOPY MINUTE BOOK company and gave General instructions to the m€mbers regarding participarion m_.the meeting. Wilh the permission of the members present, the notice of 54h Annual General Meeting was taken as read. s_ubsequently, the chairman welcomed the Members and informed that 'Pursuant to various circulars issued by the Ministry of corporate Affairs (MCA), the 54th Annual Generar Meeting is being conducled by erectronic ineans through. -y.gloAVM prauorm "rnstaMeet" provided by Registrar and rransfei Agent, MUFG Intime lndia private Limited (Formerly (nown as Link lntime lndia Private Limited). The Notice and Annual Report foi the Financial year 2025-26 was sent only by electronic mode to the members whose e-mail addresses are reg.istered with the company/Depositories and a letter providing the weblink, including the exact path, where comprete detairs of tie Annrial neport are available was sent to all 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 confirming from Mr. Prashanl Khattry, Corporate Head (Legal) and Company Secretarf of the Company, he declared that the necessary (uorum was present and called the meeting to order. It was announced by the Chairman that the Company has provided remote e-voting facility to members to cast their vote. Members who have 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 Company in its meeting held on 30 May, 2026 appointed Ms. Rashmi Aswal, Partner, M/s AGB & Associates, Company Secretaries, Faridabad as Scrutinizer for the remote e-voting and e'voting at the Annual General Meeting. The meeting proceeded with the keynote address of the Chairman as follows: Dear Shareholdee, Good evening, and a very warm welcome to the 54th Annual General Meeting of your Company. lt gives me gr6at pleasure to share lhalFY 2025-26 was a year of smart growth, key advancrments, and continued commitment to building a sustainable future and lasting value for all our stakeholders. Our Pefiormance Despite a challenging global environment, we delivered a record-high Total lncome of 179,050 Lakhs, up 21.600/o year-on-year. Our EBITDA grew 110.680/o t5,859 Lakhs, with margins improving lo 7.47o/o. Most notably, Profit after ax rose to t1,650 Lakhs from {319 Lakhs - an outstanding growlh ol 417 .240/0. was driven by strong dsmand from th6 farm equipment segment, new acquisitions, and deeper customer engagement, helping us grow 2070, in line with industry volume growth ol 25o/o. Exports accounted for 30% our overall revenues this year, Surinder Diedt ri.d Paul db{ .9 *u ".nd.r ,&l ln recognition of this improved performance and reaffirming our commitment to Kanwar h ,,r o20 .2 n6 .. {0 5& r2 a5 shareholder value, the Board has recommended a dividend of 10% the equity shares of the Company. C HAI RMAN'S Backdrop INITIALS COPT CERIIFIED TRI'E ' MINUTE BOOK The lndian economy delivered a robust 7.7o/o rcal GDP growth, retaining its position as the world's fastest{rowing major economy, supported by the 'China plus one' strategy and policies such as and Atmanirbhar Bharat. The automobile sector recorded its highest-ever annual sales, with passenger vehicles up 80/o, commercial vehicles up 12.60/o, and EV sales reaching a landmark 24.52 lakh units, up 24.60/o. The tractor segment also saw record sales of 1 .04 million units. Strategic Focus we strengthened our product portfolio with new sub-assemblies, ground bevel gears, and advanced honing technology, reinforcing our technobg]y leadership in precision gear manufacturing. we advanced iur cuslomer diversificatioh shategy, deepened exporl relationships, and took our first steps into eV products, with discussions undenivay with select two and three-wheeler EV players. on .sustainabirity, we advanced project vasundhara, our ESG framework, signing a renewabre power purchasi Agreement for our Faridabao tacirity. Nearly 67% of our manufacturing operatiois are now certified under rso +soo'i for occupational health and safef. The Way Ahead As we enter Fy 2026'27, r remain optimistic about our rong-term opportunities. structurar drivers such as rocarisation, i;;h."rii,;"ption, and demand for ova ul ru e r- ea ad cd he d i no f aie gr rin icg us l tuc ro en ti an nu de . t co o ncr se ta rute c t. in oe nw " g ir;- if ft rh " r. ir "n wr n" i. r. e w exe p aw ni O, ic nre [Showing first 8,000 characters — download PDF for full document]