Bharat Seats Limited has informed the Exchange about Agreements
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Bharat Seats Limited informed the exchanges that on September 26, 2025, certain promoters and promoter group members transferred 1,02,88,358 equity shares (16.38% of paid-up capital) by way of gift to the Rohit Relan Family Trust. The largest contributor was Rohit Relan (69,94,316 shares), followed by Pranav Relan (8,66,500), Rishabh Relan (7,46,000), Rohit Relan jointly with Ritu Relan (6,64,000), Ritu Relan jointly with Rohit Relan (5,75,000), and Ayush Relan (4,42,542). The purpose is to streamline succession and family welfare, and SEBI had already granted an exemption on September 4, 2025 from the open offer requirements under takeover regulations. Total promoter shareholding remains 74.66% before and after the transfer, with no change in public shareholding (25.34%) or effective control of the company.
This is an internal family reorganization with no impact on public shareholders, control structure, or company operations. No open offer is triggered and shareholding percentages for the broader market remain unchanged, so the stock price is unlikely to be materially affected.