Disclosure under SEBI LODR Regulation 30

Bharat Seats Limited submitted a regulatory disclosure to BSE Limited (Scrip Code: 523229) and National Stock Exchange of India Limited (Scrip Code: BHARATSE) on October 09, 2026, pursuant to Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015.

Approved Items

1. Appointment of Mr. Vipin Garg (DIN: 10985209) as Nominee Director of Maruti Suzuki India Limited, in the category of Non-Executive and Non-Independent Director of Bharat Seats Limited.

2. Appointment of Mr. Arvind Kapur (DIN: 00096308) as an Independent and Non-Executive Director of Bharat Seats Limited.

3. Enhancement of Borrowing Powers of the company pursuant to the provisions of Section 180(1)(c) of the Companies Act, 2013.

4. Creation of Charges, Mortgages, Hypothecation on the immovable and movable properties of the company under Section 180(1)(a) of the Companies Act, 2013.

Director Appointment Details

Mr. Vipin Garg

  • Date of Appointment: Effective from October 09, 2026 (approved by shareholders via postal ballot).
  • Term: Appointed as Nominee Director of Maruti Suzuki India Limited in the category of Director (Non-Executive and Non-Independent), liable to retire by rotation.
  • Profile: Aged 54 years, with a career spanning more than three decades. Associated with Maruti Suzuki India Limited (MSIL) since 1993. Currently heads the Quality Assurance Vertical and the Rohtak R&D Centre at MSIL.
  • Relationship: Not related to any other director of Bharat Seats Limited.
  • Shareholding: Holds no shares in Bharat Seats Limited.
  • Compliance: Not debarred from holding office of director by any SEBI or other authority order.

Mr. Arvind Kapur

  • Date of Appointment: Effective from October 09, 2026 (approved by shareholders via postal ballot).
  • Term: Five years with effect from October 9, 2026 to October 8, 2031.
  • Profile: Aged 76 years, is the Promoter, Chairman, and Managing Director of Rico Auto Industries Limited. Has over 45 years of extensive experience in the automotive industry with deep expertise across all critical business facets and is recognized as a key industry leader.
  • Relationship: Not related to any other director of Bharat Seats Limited.
  • Shareholding: Holds no shares in Bharat Seats Limited.
  • Compliance: Not debarred from holding office of director by any SEBI or other authority order.