Bharat Gears Limited — Important, 29-07-2025: General Updates
29-07-2025 | 02:57 pm
29-07-2025 | 02:57 pm
The company has reclassified 907 equity shares of its late former promoter, Dr. Raunaq Singh, returning them to the "Promoter Group Category." This follows National Stock Exchange guidance, as previous attempts to move them to the "Public Category" were not permitted until beneficial ownership transfer. The Board ratified this decision. The company is now seeking clarity from NSE on how these specific shares will be categorized if transferred to the Investor Education and Protection Fund Authority due to prolonged unclaimed dividends, which typically places them in the public holding. This is a compliance update.
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