Bombay Wire Ropes has disclosed an order and an award from labour authorities dated 24 Jan 2026 regarding compensation payments to workmen. The company stated that any financial impact arising from these directives will be borne by a Developer, based on Consent Terms recorded by the Bombay High Court in 2012. The disclosure was submitted to the exchange as a matter of abundant caution.

The company received a communication from a labour union on 24th June 2026 enclosing the legal directives. The Industrial Court, Maharashtra, Thane, issued an order in Complaint No. 238 of 1995. This order directs the company to pay compensation at the rate of Rs. 1,00,000/- per year per workman for the period from 13.03.1995 to 01.11.2006.

Additionally, the Industrial Tribunal, Maharashtra, Thane, passed an award in Reference No. 35 of 2006. This award directs the payment of compensation at the rate of Rs. 1,00,000/- per year per workman from 1st November, 2006 until the respective date of retirement of the workman.

Financial Liability Transfer

The company clarified that the entire financial repercussions from both the order and the award rest solely with a Developer. This arrangement is based on Consent Terms filed before the Hon'ble Bombay High Court and recorded in its order dated 13th July, 2012.

The filing was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shyni Chatterjee, Compliance Officer and Company Secretary, signed the disclosure on 7th July, 2026.

Bombay Wire Ropes Limited has announced its audited financial results for the fourth quarter and year ended March 31, 2026, following the board meeting held on April 15, 2026. The company reported a net loss and received an unmodified audit opinion from its statutory auditors.

Financial Performance Overview

The company's financial performance for the year ended March 31, 2026 showed challenging results across key metrics. The audited results were prepared under Indian Accounting Standards (Ind AS) and approved by the Board of Directors.

Balance Sheet Position

The company's balance sheet as of March 31, 2026 reflects total assets of ₹786.08 lakhs compared to ₹798.10 lakhs in the previous year. The equity position remained relatively stable with total equity of ₹773.70 lakhs.

Regulatory Compliance and Audit Opinion

The financial results were announced under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Batliboi & Purohit, Chartered Accountants, the company's statutory auditors, issued an unmodified audit opinion on the standalone financial results.

The audit report confirmed that the financial results are presented in accordance with the requirements of Regulation 33 and give a true and fair view in conformity with applicable accounting standards. The board meeting commenced at 4:00 PM and concluded at 4:30 PM on April 15, 2026.

Cash Flow and Operations

The company's cash flow statement revealed net cash outflow from operating activities of ₹52.94 lakhs for FY26 compared to ₹131.61 lakhs in the previous year. The company maintained its focus on regulatory compliance and stakeholder communication through proper disclosure mechanisms.