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Mr. Surinder Paul Kanwar has been re-appointed as Chairman and Managing Director of Bharat Gears Limited for five years starting from April 1, 2025, continuing his long-term influence in the automotive gears sector. During his tenure, the company has shown resilience, achieving a half-year profit of ₹11.77 crore for FY 2024-25 amid challenging market conditions. His annual compensation includes a salary of ₹2 crore and additional perks amounting to ₹40 lakh.
Additionally, Ms. Kavita Jha has been appointed as a Non-Executive Independent Director for a three-year term, bringing valuable legal expertise. This strategic governance move aims to reinforce the Board's capabilities amidst ongoing corporate developments, including a disputed family settlement regarding share control. Investors should monitor these leadership changes, which could shape the company's strategic direction and operational efficiency moving forward.