Meeting Details

The 39th Annual General Meeting was held on July 24, 2026 at 11:00 AM through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The meeting was conducted in accordance with General Circular No. 03/2025 dated September 22, 2025 issued by the Ministry of Corporate Affairs and other applicable circulars from MCA and SEBI.

Attendance and Leadership

  • Total members present through VC & Other audio-visual means: 216
  • Mr. Rohit Relan, Chairman, chaired the 39th AGM
  • Mr. Vinod Kumar, Chief Financial Officer, welcomed members and explained participation procedures
  • Directors, Statutory Auditors, Company Secretary, Secretarial Auditor, and Scrutinizer were introduced
  • Chairpersons of Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee were present to address shareholder queries

Resolutions Considered

The following five resolutions were transacted through remote e-voting and e-voting at the AGM venue:

Ordinary Business:

1. Ordinary Resolution: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026, together with the reports of the Board of Directors and Auditors thereon

2. Ordinary Resolution: To declare dividend on equity shares for the financial year ended March 31, 2026

3. Ordinary Resolution: To appoint a Director in place of Mr. Raman Venkat Challa (DIN: 07093663) who retires by rotation at this meeting as a Director and being eligible offers himself for re-appointment

Special Business:

4. Special Resolution: Re-appointment and payment of remuneration to Mr. Rishabh Relan (DIN:07726444) as a Whole Time Director of the Company

5. Ordinary Resolution: To approve Material Related Party Transactions with Suzuki Motorcycle India Private Limited

Voting Process and Methods

The Company provided electronic facility for members to cast their vote through remote e-voting from 9:00 AM on July 21, 2026 until 5:00 PM on July 23, 2026. Additionally, e-voting was arranged during the AGM for members who had not cast their vote through remote e-voting.

Mr. R.S. Bhatia, Company Secretary in Practice, was appointed as the Scrutinizer to scrutinize the process of remote e-voting held prior to AGM and e-voting during the AGM.

Voting Outcomes and Scrutinizer's Report

After completion of the AGM, the Scrutinizer submitted his report. According to the consolidated results of the remote e-voting and e-voting during the AGM, all five resolutions embodied in the Notice of Annual General Meeting dated May 6, 2026 were passed with requisite majority. The Chairman declared the results based on the Scrutinizer's Report.

Document Availability

All documents referred to in the Notice convening the AGM and explanatory statement were available for inspection electronically on the Company's website during the meeting.

Result Dissemination

The consolidated voting results were to be disseminated on the websites of BSE Limited (www.bseindia.com) and National Stock Exchange of India Limited (www.nseindia.com), and made available on the Company's Website (www.bharatseats.com) by July 25, 2026.

Meeting Timeline

  • Meeting commenced: 11:00 AM
  • Meeting concluded: 11:39 AM
  • E-voting concluded: 12:09 PM (kept open for 30 minutes after meeting conclusion)

Compliance Confirmation

The meeting was conducted in compliance with the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant circulars from MCA and SEBI.