Bharat Seats Limited — Others, 12-06-2025: Shareholders meeting

Bharat Seats Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company plans a dividend of Rs. 1.10 per equity share for FY 2024-25, pending shareholder approval. It seeks shareholder consent for re-appointment of two directors, appointment of a Secretarial Auditor for five years, and increased limits on related party transactions with key partners, all conducted at arm’s length. FY 2024-25 revenue rose 20.6% to Rs. 1,29,241 lakh, and profit after tax grew 30.5% to Rs. 3,270 lakh, supported by higher capacity utilization and cost savings. The Board approved doubling paid-up capital via a 1:1 bonus share issue and an increase in authorized capital by Rs. 15 Cr. Bharat Seats expanded product supplies, improved return on equity to 18.1%, and sustained strong corporate governance with no regulatory penalties. Risks from forex and input costs are managed through hedging and pricing. The audit report is clean, despite an ongoing income tax search. The company remains focused on innovation, operational efficiency, and shareholder value.