Bharat Gears Limited disclosed on May 29, 2026, that its Joint Managing Director violated insider trading regulations by sharing unpublished price sensitive information (UPSI) with third parties prior to the official board approval. The information, which pertained to the draft annual financial results for the quarter and year ended March 31, 2026, was shared with individuals not on the Board of Directors, including the JMD's personal lawyer, Ms. Prerna Mahajan.

The company became aware of the breach on May 26, 2026. The Board of Directors is scheduled to meet on May 30, 2026, to consider and approve the annual financial results and financial statements for the quarter and year ended March 31, 2026, in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The sharing of UPSI constitutes a violation of the Code of Conduct for Prevention of Insider Trading. Bharat Gears stated that it will take appropriate action based on the outcome of an inquiry or as required by applicable law and regulatory directions.

To mitigate further dissemination, the company has issued a notice to the advocate who received the information. The notice mandates that the UPSI shared by the Joint Managing Director must not be disclosed or disseminated to any other person, except as permitted under SEBI regulations and the company's policy.

Bharat Gears Limited , a Faridabad-based automotive components manufacturer, has notified its shareholders of an impending transfer of equity shares into the demat account of the Investor Education and Protection Fund (IEPF) Authority. The formal communication, signed by Prashant Khattri, Head (Legal) and Company Secretary, was submitted to both the National Stock Exchange of India Ltd and BSE Limited on May 11, 2026.

Regulatory Basis for the Transfer

The transfer is being carried out in accordance with the provisions of Section 124(6) of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, and further amendments thereto. The action is also being undertaken in compliance with Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The key regulatory and disclosure details are summarised below:

Public Notice and Disclosure

The company published the shareholder notice in two leading newspapers on May 9, 2026 — Financial Express (English, Delhi Edition) and Jansatta (Hindi, Delhi Edition) — to ensure broad public awareness of the intended transfer. The notice pertains to the transfer of equity shares into the demat account maintained by the IEPF Authority, which is a statutory body established under the Companies Act, 2013.

Bharat Gears Limited also disclosed to the stock exchanges that the intimation could not be filed within the prescribed regulatory timeframe due to a weekly off, and requested both exchanges to take the submission on record.

About Bharat Gears Limited

Bharat Gears Limited is incorporated under the Corporate Identity Number L29130HR1971PLC034365. The company's registered office and works are located at 20 K.M. Mathura Road, P.O. Amar Nagar, Faridabad – 121003, Haryana. The company also operates a Mumbai office at 14th Floor, Hoechst House, Nariman Point, Mumbai – 400 021, and a manufacturing facility at Mumbra Works, Kausa Shil, Mumbra, District Thane – 400 612, Maharashtra. Bharat Gears Limited holds certifications under ISO 9001, ISO 14001, and IATF 16949 standards, as certified by Bureau Veritas.