Bharat Gears schedules 54th AGM on August 13, 2026

1 min read Updated on 18 Jul 2026, 12:27 AM

Reviewed by

Anirudha BScanX News Team

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Bharat Gears Limited has announced its 54th Annual General Meeting will be held on August 13, 2026, via Video Conferencing. The Annual Report for FY 2025-26 has been released and is available on the company website. Shareholders are reminded to update KYC details and dematerialize physical securities to facilitate electronic dividend payments.

*this image is generated using AI for illustrative purposes only.

Bharat Gears Limited has scheduled its 54th Annual General Meeting for August 13, 2026, to be conducted through Video Conferencing and Other Audio Visual Means. The meeting will commence at 04:00 P.M. IST, allowing shareholders to participate remotely. This initiative aligns with regulatory provisions facilitating virtual participation for members.

The company has released the Annual Report for the financial year 2025-26. To ensure accessibility, the firm has provided specific web links for the Annual Report and the AGM notice. These documents are available on the company's official website, and direct links have been shared with members who have not registered their email addresses with the company, depositories, or the Registrar and Share Transfer Agent, MUFG Intime India Private Limited.

In compliance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company communicated these details to members as of the cut-off date of July 10, 2026. The corporate communication was signed by Prashant Khattry, Corporate Head (Legal) and Company Secretary.

The company also issued a reminder regarding the updation of KYC details and the dematerialization of physical securities. Citing SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 7, 2024, the management emphasized the requirement to record PAN, address, mobile number, bank account details, specimen signature, and nomination choice. Shareholders holding securities in physical form must update these details to receive payments such as dividends through electronic mode.

The necessary formats for nomination and KYC updation, including Forms ISR-1, ISR-2, ISR-3, SH-13, and SH-14, are accessible on the RTA's website. Shareholders were encouraged to update their email addresses to continue receiving important information and support the Green Initiative.

Key Meeting Details

Event	Date	Time	Mode
54th AGM	August 13, 2026	04:00 P.M. IST	VC / OAVM
Record Cut-off Date	July 10, 2026	-	-

Historical Stock Returns for Bharat Gears

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.70%	-1.78%	-9.38%	+12.79%	+22.74%	+51.77%

What are the key agenda items and resolutions proposed for the 54th AGM?

How will the company's financial performance in FY 2025-26 impact future dividend payouts?

What strategic growth initiatives does Bharat Gears plan to pursue post-AGM?

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Bharat Gears denies Sameer Kanwar shareholding claim

2 min read Updated on 15 Jul 2026, 02:53 AM

Reviewed by

Riya DScanX News Team

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Bharat Gears clarified that Mr. Sameer Kanwar holds nil shares as on March 31, 2026, and rejected his BEN-1 form claim as the matter is sub-judice in the Delhi High Court. The company confirmed no share transfers occurred from the promoter group to Mr. Kanwar and cited his previous disclosures of nil shareholding. It termed his recent claims based on a court order as incorrect, misleading, and malafide.

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Bharat Gears Limited has clarified that Mr. Sameer Kanwar holds nil shares in the company as on March 31, 2026. The disclosure was made to BSE Limited and The National Stock Exchange of India Limited under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, referencing a prior email disclosure by Mr. Kanwar dated April 02, 2026. The company emphasized that records confirm nil shareholding for Mr. Kanwar since the financial year ended March 31, 2021.

The company addressed a recent BEN-1 form received from Mr. Sameer Kanwar claiming beneficial interest in shares under Section 89 of the Companies Act, 2013. Mr. Surinder Paul Kanwar, Chairman and Managing Director, confirmed he has not created any beneficial interest in his shareholding in favour of Mr. Sameer Kanwar, either directly or indirectly. The company stated that this claim is being contested by Mr. Surinder Paul Kanwar in the Hon'ble Delhi High Court and is sub-judice. Consequently, the company informed Mr. Sameer Kanwar that it cannot consider the BEN-1 form as the alleged matter of family settlement is currently under legal adjudication.

Bharat Gears Limited further noted that there has been no transfer of shares from the promoter group to Mr. Sameer Kanwar, nor has any share transfer application been lodged by him since his last disclosures of nil shareholding for the financial year 2021-22. The company released the shareholding pattern as on March 31, 2026, to substantiate this position.

The company also challenged the interpretation provided by Mr. Sameer Kanwar regarding an order of the Hon'ble Delhi High Court dated March 12, 2024. Bharat Gears Limited stated that this interpretation is incorrect, misleading, and made with malafide intent, given that Mr. Kanwar is a contesting party in the suit. The company clarified that the court order's scope is limited to ensuring business interests are not jeopardised and explicitly recorded that the shares belong to the father, Mr. Surinder Paul Kanwar.

Based on Mr. Sameer Kanwar's own disclosures to the stock exchange and audit committee for FY 2022, and the confirmation from Mr. Surinder Paul Kanwar, the company reiterated that Mr. Sameer Kanwar holds no shares. It concluded that the claims made in the declaration dated April 02, 2026, are frivolous and misleading. This clarification has been shared with the Audit Committee and the stock exchanges for their records.

Shareholding Pattern as on March 31, 2026

S.no	Name of Shareholder	No. of Shares	% of Shareholding
1.	Late Dr. Raunaq Singh	907	0.00
2.	Surinder Paul Kanwar	56,80,989	37.00
3.	Sachit Kanwar	1,000	0.01
4.	Raunaq International Limited (Formerly known as Raunaq EPC International Limited)	2,59,206	1.69
5.	Ultra Consultants Private Limited	21,63,193	14.09
6.	Vibrant Reality Infra Private Limited	2,21,800	1.44
7.	Clip-Lok Simpak (India) Private Limited	1,68,315	1.10
	Total	84,95,410	55.32
	Public Shareholding	68,59,648	44.68
	Grand Total	1,53,55,058	100.00

Historical Stock Returns for Bharat Gears

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.70%	-1.78%	-9.38%	+12.79%	+22.74%	+51.77%

What is the expected timeline for the Hon'ble Delhi High Court to reach a verdict on the ongoing legal dispute regarding the beneficial interest claims?

Could this prolonged internal conflict within the promoter group lead to potential governance challenges or distract management from operational growth?

How might institutional investors react to the public nature of this family dispute and the allegations of malafide intent?