Bharat Wire Ropes Limited has announced the appointment of three auditing firms following a Board of Directors meeting held on May 16, 2026. The approvals, made upon the recommendation of the Audit Committee, were disclosed to the stock exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The appointments cover the roles of Internal Auditor, Cost Auditor, and Statutory Auditor for the company, with all three firms confirmed to have no relationship with any directors of the company.

Key Auditor Appointments

The Board approved three distinct auditor appointments at its May 16, 2026 meeting. The following table summarises the details of each appointment:

Internal Auditor: PKF Sridhar & Santhanam LLP

M/s. PKF Sridhar & Santhanam LLP (PKF S&S LLP), a firm of Chartered Accountants established in 1978 and headquartered in Chennai, has been appointed as Internal Auditor for financial year 2026-27. The firm operates branch offices across major Indian cities including Bangalore, Mumbai, Delhi, and Hyderabad, and maintains a presence in the global market. PKF S&S LLP offers services across a broad range of industrial sectors, including:

• Automotive
• Banking & Capital Markets
• Chemicals
• Energy, Utilities & Mining
• Engineering & Construction
• Financial Services
• Healthcare
• Industrial Manufacturing
• Pharmaceuticals
• Retail & Consumer
• Technology
• Transportation & Logistics

The firm operates on the foundation of quality and integrity in compliance with ICAI standards.

Cost Auditor: Dilip M. Bathija

M/s. Dilip M. Bathija, a proprietary firm of Cost Accountants registered under Firm Registration No. 100106 and based in Ulhasnagar, Maharashtra, has been appointed as Cost Auditor for financial year 2026-27. The firm has been in practice since 1992 and brings experience across audit, costing, and taxation. Core areas of practice include:

• Designing Cost and Management Information Systems
• Maintenance of Cost Records as per Cost Records & Audit Rules, 2014
• Cost Audit as per Cost Records & Audit Rules, 2014
• Certification of Cost data as required under applicable rules

The firm has undertaken cost audit and cost-related assignments for companies operating in sectors such as Textiles, Steel, Chemicals, Fertilisers, and Petroleum.

Statutory Auditor: Borkar & Muzumdar

M/s. Borkar & Muzumdar (B&M), a firm of Chartered Accountants with over 75 years of experience, has been appointed as Statutory Auditor for a term of five consecutive years commencing from financial year 2026-27 to 2030-31. The firm offers a comprehensive suite of services including Assurance, Taxation Consultancy, Financial Advisory Services, Risk-based Internal Audits, Internal Financial Control Reviews, Investigation Assignments, Due Diligence Reporting, Tax Structuring, and Data Verification assignments. B&M's practice comprises 19 partners supported by a team of over 230 staff, including qualified Chartered Accountants, experienced associates, trainees, and support personnel. The firm has served as Statutory Central Auditors for several public and private sector banks, NBFCs, insurance companies, and other public and private sector undertakings across India.

Bharat Wire Ropes Limited has successfully completed its postal ballot e-voting process, with shareholders passing an Ordinary Resolution to appoint M/s. Borkar & Muzumdar, Chartered Accountants, as Statutory Auditors of the company to fill a casual vacancy. The resolution was deemed approved on the last date of e-voting, Tuesday, 05 May 2026, having received the requisite majority. The company filed the voting results with stock exchanges on 06 May 2026, pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Voting Process and Timeline

The postal ballot was initiated through a Notice dated 07 March 2026, with remote e-voting commencing on Monday, 06 April 2026 at 09:00 A.M. (IST) and concluding on Tuesday, 05 May 2026 at 05:00 P.M. (IST). The voting rights were reckoned as on Tuesday, March 31, 2026, which served as the cut-off date for determining the entitlement of members to participate in the postal ballot. KFin Technologies Limited was appointed as the service provider for extending the remote electronic voting facility to shareholders.

M/s. Mihen Halani & Associates, Practicing Company Secretaries (FCS No. 9926, CP No. 12015), Mumbai, was appointed as the scrutinizer to oversee the postal ballot voting process in a fair and transparent manner. The votes cast via remote e-voting were unblocked on May 05, 2026, in the presence of two independent witnesses — Mr. Milin Ramani and Ms. Ashika Dave — neither of whom is in the employment of the company.

Detailed Voting Results

The resolution received strong support across all shareholder categories. The following table presents the category-wise breakdown of votes polled during the e-voting process:

The scrutinizer's report further summarised the outcome based on the number of members who participated, as presented below:

There were no invalid votes recorded in the process. The promoter and promoter group were not identified as interested parties in the resolution.

Resolution Outcome

The Ordinary Resolution for the appointment of M/s. Borkar & Muzumdar, Chartered Accountants, as Statutory Auditors to fill the casual vacancy was passed with requisite majority. A total of 45631707 votes were cast in favour, representing 99.9954% of total votes polled, while 2077 votes were cast against, accounting for 0.0046% of votes polled. Invalid votes stood at zero. The scrutinizer's report was signed by Mihen Halani, Proprietor of M/s. Mihen Halani & Associates, and counter-signed by Govinda Soni, Company Secretary & Compliance Officer of Bharat Wire Ropes Limited. The results and the scrutinizer's report have been uploaded on the company's website at www.bharatwirerope.com .