Bharat Gears Limited — Important, 24-01-2025: Updates

The Board of Directors has approved the removal of the name of Late Dr. Raunaq Singh from the Promoter Category of the company, following his demise on September 30, 2002. His name will transition to the Public Category, and 907 equity shares held in his name will remain categorized as public until they are transferred to the ultimate beneficial owner. This change reflects the ongoing adjustments required for corporate governance and shareholder classification. Stakeholders should observe any potential implications this shift may have on the company's ownership structure and overall investor sentiment.