Bharat Gears Limited — Important, 19-11-2024: Updates

**Event Notice Summary:**

Bharat Gears Limited is set to conduct a postal ballot, allowing shareholders to approve two special resolutions. The first resolution pertains to the re-appointment of Mr. Surinder Paul Kanwar as Chairman and Managing Director for an additional five-year term, starting April 1, 2025. His proposed remuneration includes an annual salary of ₹2 crore (20 million) and perquisites of ₹40 lakh (4 million), with provisions for minimum remuneration during loss periods.

The second resolution involves the nomination of Ms. Kavita Jha as a Non-Executive Independent Director. Ms. Jha brings 25 years of legal expertise and was appointed as an Additional Director on September 24, 2024, following her distinguished career as a Senior Advocate.

E-voting will be facilitated through Link Intime India Private Limited from November 21, 2024, to December 20, 2024. Results will be made available on the company’s website and communicated to stock exchanges.