Surinder Paul Kanwar has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
BHARATGEAR · price
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Awaiting price reaction for this filing.
Surinder Paul Kanwar, a promoter of Bharat Gears Limited, has filed a declaration under Regulation 31(4) of the SEBI Takeover Regulations, 2011. He reported holding 1,93,503 equity shares (55.31%) of the company along with persons acting in concert as on 31st March 2025. The disclosure confirms that neither he nor any person acting in concert has created any encumbrance (pledge, lien, or charge) on these shares during the financial year ended 31st March 2025. This is a routine annual compliance filing required from promoters holding more than 25% stake.
This is a routine compliance filing with no material change — the promoter's stake remains at 55.31% with no shares pledged or encumbered. Neutral for shareholders and the stock price.