Announced Wed, 8 Apr · 12:07 IST
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.
Ownership Changes View source PDF
BHARATGEAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+7.6%1-day move
₹94.80
prior close
₹98.67
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.2+0.2+0.1+7.6+7.6+10.6+17.3+19.5+13.9+12.8+27.1+16.8+26.1
Up moveDown movePending
AI summary
Surinder Paul Kanwar, a promoter of Bharat Gears Limited, has filed a disclosure confirming he held 84,95,410 equity shares (55.33% stake) as of 31st March 2026, along with persons acting in concert. He has declared that neither he nor any person acting in concert created any encumbrance (pledge) on these shares during the financial year ended 31st March 2026. This is a standard regulatory confirmation filing.
Likely market impact
The promoter remains firmly above the 50% threshold with no encumbrances reported, which is a positive signal for minority shareholders regarding promoter commitment and absence of pledged shares.