Suzuki Motor Corporation disclosed its shareholding in Bharat Seats Limited for the quarter ended March 31, 2026, confirming a promoter stake of 14.81%. The filing, submitted to BSE Limited and National Stock Exchange of India Limited, details the ownership structure as per Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The disclosure provides transparency regarding the promoter's position and any encumbrances on the shares.

The filing indicates that Suzuki Motor Corporation holds 93,00,000 shares in the target company. This quantity represents 14.81% of the total share capital and 14.81% with respect to the diluted share capital. The document explicitly states that there are no encumbrances, such as pledges or liens, created, invoked, or released on these shares during the reporting period.

The following table summarizes the shareholding details disclosed by the promoter:

The disclosure confirms that the post-event holding of encumbered shares remains nil. The total share capital figures utilized in the calculation are based on the latest filing made by the company to the stock exchanges under Regulation 31 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Diluted share capital accounts for the full conversion of outstanding convertible securities or warrants into equity shares.

Koichi Suzuki, Managing Officer and Executive General Manager of India Operations at Suzuki Motor Corporation, signed the disclosure on April 6, 2026. The communication was addressed to the General Manager of the Department of Corporate Services at BSE Limited and the Vice President of the National Stock Exchange of India Limited to ensure the information is placed on record.

Bharat Seats Limited has scheduled its 37th Annual General Meeting (AGM) for Tuesday, July 23, 2024, at 11 a.m. through Video Conferencing (VC) and Other Audio Visual Means (OAVM). The meeting will be conducted under the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice and annual report for the financial year 2023-24 have been dispatched electronically to shareholders with registered email addresses.

The company has provided the facility of remote e-voting to enable members to vote on all resolutions proposed at the AGM. The remote e-voting period will commence at 9:00 a.m. on Saturday, July 20, 2024, and conclude at 5:00 p.m. on Monday, July 22, 2024. Shareholders holding shares in physical or dematerialized form are eligible to participate.

The cut-off date to determine eligibility for voting and attending the meeting is Tuesday, July 16, 2024. Only those members whose names appear in the register of members or the register of beneficial owners maintained by depositories as on this date are entitled to vote. Members who have not registered their email addresses are requested to do so to receive notices and participate in e-voting.

For queries related to e-voting, shareholders can refer to the FAQs and user manual available at www.evoting.nsdl.com or contact the support numbers provided in the notice.