Bharat Gears Limited
Incorporated in 1971, Bharat Gears Ltdis in the Automotive Gears business
What Bharat files
- Others41
- Important21
- Updates6
- Board Meeting5
- Credit Ratings2
- Dividend/Bonus2
Bharat Gears' 54th AGM passed all resolutions, including adopting FY26 financial statements. Shareholders approved a Rs. 1 dividend per share for FY25-26, translating to a ~Rs. 1.54 Cr total payout. Also, Mr. Naresh Kumar Verma was appointed Executive Director-Operations.
The company's Chairman & MD, Surinder Paul Kanwar, had his passport revocation appeal dismissed without a hearing. He disputes this and is pursuing further action. Kanwar assures the board of his fiduciary duties, and the company will update on developments.
Bharat Gears has announced its 54th Annual General Meeting via video conference. The FY2025-26 Annual Report and AGM notice are available online. Shareholders are reminded to update KYC details and dematerialize physical shares for electronic payments, aligning with regulatory guidelines.
Company's JMD shared sensitive draft annual financial results with third parties. The company has announced a board meeting to approve these results. An inquiry is underway regarding this conduct violation.
Chairman & MD Surinder Paul Kanwar's passport revoked, though he has filed an appeal. His citizenship status, previously deemed unchanged by the board, is now subject to Central Government review, potentially creating leadership uncertainty.