Bharat Gears logo

Bharat Gears MD, chairman, board of directors and AGM

NSE: BHARATGEARBSE: 505688Auto ComponentsSmall Cap

Last close ₹92.12down ₹4.23 (4.39%)BSE ₹92.20

Share price at the NSE close on 23 Oct 2026. Previous close ₹96.35.

52-week range of traded prices to 23 Oct 2026
₹83.80Low, 30 Mar 2026₹141.33High, 23 Jun 2026
Market cap
₹141 Cr2,517th largest listed
P/E
9.4
P/B
1.1
Dividend yield
1.09%
ROE
12.3%
ROCE
15.1%
Debt to equity
0.44
Volume, NSE
27,41855.5% delivered

Bharat Gears board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorSurinder Paul Kanwar
  • Company Secretary and Compliance OfficerPrashant Khattry

7 directors5 independent2 executive

  • Surinder Paul Kanwar · Chairperson and managing directorExecutive · joined Sep 1982 · reappointed Apr 2025 · 60 months as independent · 2 listed boards · 2 committee seats
  • Naresh Kumar VermaExecutive · joined May 2026 · reappointed Jun 2026 · 60 months as independent · 2 listed boards · 3 committee seats, 1 as chair
  • Nagar Venkatraman SrinivasanIndependent · joined Nov 2017 · reappointed Jul 2025 · 60 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 2 as chair
  • Raman NandaIndependent · joined Dec 2021 · reappointed Sep 2022 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Kavita JhaIndependent · joined Sep 2024 · reappointed Dec 2024 · 36 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Satya Prakash MangalIndependent · joined May 2025 · reappointed Jul 2025 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Bharat Dev Singh KanwarIndependent · joined May 2025 · reappointed Jul 2025 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

4 directors who left
  • Wolfgang Rudolf Schilha, left 3 Aug 2026: Tenure Completion
  • Sameer Kanwar, left 31 May 2026: Tenure Completion
  • Virendrakumar Pargal, left 30 Jul 2025: Tenure Completion
  • Rakesh Chopra, left 30 Jul 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 3 Aug 20268 of 8 present6 independent · 64 days in between
    • 30 May 20268 of 8 present6 independent

  • Audit Committee

    Chair Raman Nanda

    Kavita Jha, Satya Prakash Mangal, Bharat Dev Singh Kanwar

    • 3 Aug 20264 of 4 present4 independent · 48 days in between
    • 15 Jun 20263 of 4 present3 independent · 15 days in between
    • 30 May 20264 of 4 present4 independent

  • Nomination and remuneration committee

    Chair Nagar Venkatraman Srinivasan

    Kavita Jha, Satya Prakash Mangal, Surinder Paul Kanwar

    • 30 May 20264 of 4 present3 independent

  • Stakeholders Relationship Committee

    Chair Nagar Venkatraman Srinivasan

    Surinder Paul Kanwar, Raman Nanda, Naresh Kumar Verma

    • 30 May 20264 of 4 present2 independent

  • Corporate Social Responsibility Committee

    Chair Satya Prakash Mangal

    Surinder Paul Kanwar, Raman Nanda, Naresh Kumar Verma

    • 3 Sep 20264 of 4 present2 independent · 37 days in between

  • FINANCE COMMITTEE

    • 24 Sep 20264 of 4 present2 independent · 20 days in between
    • 27 Jul 20264 of 4 present2 independent · 57 days in between

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Jun 2026.

  • Deloitte Haskins & Sells LLPPeer-review certificate valid to Jul 2027

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Bharat Gears AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Bharat Gears dividend history

Annual general meeting, 13 Aug 2026

24,791 shareholders on the register on 6 Aug 2026; present: 6 promoters and 462 others; votes counted by Rashmi Aswal / AGB & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the financial statements of the Company for the year ended 31 March, 2026 together with Reports of the Directors and Auditors thereon.
    Ordinary
    98.66% for1.34% against

    Against: promoters 0.01% · institutions 0.00% · other public 85.88%

    Turnout: all 57.44% · promoters 99.99% · institutions 100.00% · other public 2.04%

  2. To declare dividend of Rs. 1.00 per equity share of face value of Rs. 10 each for the financial year 2025-26.
    Ordinary
    98.66% for1.34% against

    Against: promoters 0.01% · institutions 0.00% · other public 85.88%

    Turnout: all 57.44% · promoters 99.99% · institutions 100.00% · other public 2.04%

  3. To consider the appointment of Mr. Naresh Kumar Verma as Executive Director-Operations of the Company.
    Special
    98.66% for1.34% against

    Against: promoters 0.01% · institutions 0.00% · other public 85.88%

    Turnout: all 57.44% · promoters 99.99% · institutions 100.00% · other public 2.04%

  4. To consider the ratification of the remuneration payable to M/s M.K. Kulshrestha & Associates, Cost Auditors of the Company for the Financial Year 2026-27.
    Ordinary
    98.66% for1.34% against

    Against: promoters 0.01% · institutions 0.00% · other public 85.89%

    Turnout: all 57.44% · promoters 99.99% · institutions 100.00% · other public 2.04%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Jul 2025, 6 resolutions

26,622 shareholders on the register on 23 Jul 2025; present: 5 promoters and 400 others; votes counted by Rashmi Aswal / AGB & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Financial Statements of the Company for the year ended 31 March, 2025 together with Reports of the Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.33%

    Turnout: all 56.83% · promoters 99.99% · institutions 100.00% · other public 0.66%

  2. To consider the appointment of Mr. Satya Prakash Mangal, Additional Director of the Company, as a Non-Executive Independent Director on the Board of the Company.
    Special
    99.75% for0.25% against

    Against: promoters 0.00% · institutions 0.00% · other public 48.67%

    Turnout: all 56.83% · promoters 99.99% · institutions 100.00% · other public 0.66%

  3. To consider the appointment of Mr. Bharat Dev Singh Kanwar, Additional Director of the Company, as a Non-Executive Independent Director on the Board of the Company.
    Special
    99.75% for0.25% against

    Against: promoters 0.00% · institutions 0.00% · other public 48.60%

    Turnout: all 56.83% · promoters 99.99% · institutions 100.00% · other public 0.66%

  4. To consider the appointment of Mr. Nagar Venkatraman Srinivasan, Non-Executive Director of the Company, as a Non-Executive Independent Director on the Board of the Company.
    Special
    97.59% for2.41% against

    Against: promoters 0.00% · institutions 100.00% · other public 48.63%

    Turnout: all 56.83% · promoters 99.99% · institutions 100.00% · other public 0.66%

  5. To consider the appointment of M/s TVA & Co. LLP, Company Secretaries, New Delhi (Limited Liability Partnership Identification Number (LLPIN) AAE-9329) as the Secretarial Auditor of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.37%

    Turnout: all 56.83% · promoters 99.99% · institutions 100.00% · other public 0.66%

  6. To consider the ratification of the remuneration payable to M/s M.K. Kulshrestha & Associates, Cost Auditors of the Company for the Financial Year 2025-26.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.17%

    Turnout: all 56.83% · promoters 99.99% · institutions 100.00% · other public 0.66%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 20 Dec 2024, 2 resolutions

The company's voting result (opens in a new tab)

  1. To consider the re-appointment of Mr. Surinder Paul Kanwar as Chairman and Managing Director of the Company
    SpecialPromoters have an interest in it
    97.82% for2.18% against

    Against: promoters 0.00% · institutions 100.00% · other public 2.63%

    Turnout: all 56.85% · promoters 99.99% · institutions 97.58% · other public 0.71%

  2. To consider the appointment of Ms. Kavita Jha, Additional Director of the Company, as a Non-Executive Independent Director on the Board of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.58%

    Turnout: all 56.85% · promoters 99.99% · institutions 97.58% · other public 0.71%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 12 Aug 2024, 4 resolutions

Present: 5 promoters and 399 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the financial statements of the Company for the year ended 31 March, 2024 together with Reports of the Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 56.61% · promoters 99.99% · institutions 93.02% · other public 0.15%

  2. To consider the re-appointment of Mr. Nagar Venkatraman Srinivasan, whonretires by rotation and is eligible for re-appointment.
    Special
    97.83% for2.17% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.31%

    Turnout: all 56.61% · promoters 99.99% · institutions 93.02% · other public 0.15%

  3. To consider the re-appointment of Mr. Sameer Kanwar as Joint Managing Director of the Company.
    SpecialPromoters have an interest in it
    97.83% for2.17% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.31%

    Turnout: all 56.61% · promoters 99.99% · institutions 93.02% · other public 0.15%

  4. To consider the ratification of the remuneration payable to M/s M.K. Kulshrestha & Associates, Cost Auditors of the Company for the Financial Year 2024-25.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.31%

    Turnout: all 56.61% · promoters 99.99% · institutions 93.02% · other public 0.15%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 20 Sep 2023, 3 resolutions

Present: 5 promoters and 334 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Financial Statements of the Company for the year ended 31 March, 2023 together with Reports of the Directors and Auditors thereon.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.29%

    Turnout: all 56.68% · promoters 99.99% · institutions 99.18% · other public 0.31%

  2. To consider the re-appointment of Mr. Nagar Venkatraman Srinivasan, who retires by rotation and is eligible for re-appointment.
    Special
    97.82% for2.18% against

    Against: promoters 0.00% · institutions 100.00% · other public 5.29%

    Turnout: all 56.68% · promoters 99.99% · institutions 99.18% · other public 0.31%

  3. To consider the ratification of the remuneration payable to M/s M.K. Kulshrestha & Associates, Cost Auditors of the Company for the Financial Year 2023-24.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.58%

    Turnout: all 56.68% · promoters 99.99% · institutions 99.18% · other public 0.31%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 20 Sep 2022, 8 resolutions

Present: 5 promoters and 326 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the financial statements of the Company for the year ended 31 March, 2022 together with Reports of the Directors and Auditors thereon.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 8.16%

    Turnout: all 56.62% · promoters 99.99% · institutions 88.67% · other public 0.18%

  2. To consider the appointment of M/s Deloitte Haskins & Sells LLP, Chartered Accountants (ICAI Registration No. 117366W/W-100018) as the Statutory Auditors of the Company.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 8.53%

    Turnout: all 56.62% · promoters 99.99% · institutions 88.67% · other public 0.18%

  3. To consider the appointment of Mr. Raman Nanda, Additional Director of the Company, as a Non-Executive Independent Director on the Board of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 9.04%

    Turnout: all 56.62% · promoters 99.99% · institutions 88.67% · other public 0.18%

  4. To consider the payment of remuneration to Mr. Surinder Paul Kanwar, Chairman and Managing Director of the Company for a further period of 3 (Three) years w.e.f. 01 April, 2022 of his present tenure.
    SpecialPromoters have an interest in it
    97.81% for2.19% against

    Against: promoters 0.00% · institutions 100.00% · other public 9.04%

    Turnout: all 56.62% · promoters 99.99% · institutions 88.67% · other public 0.18%

  5. To consider the payment of remuneration to Mr. Sameer Kanwar, Joint Managing Director of the Company for a period of 2 (Two) years w.e.f. 01 June, 2022 of his present tenure.
    SpecialPromoters have an interest in it
    97.81% for2.19% against

    Against: promoters 0.00% · institutions 100.00% · other public 9.04%

    Turnout: all 56.62% · promoters 99.99% · institutions 88.67% · other public 0.18%

  6. To consider the re-appointment of Mr. Nagar Venkatraman Srinivasan, who retires by rotation and is eligible for re-appointment.
    Special
    97.81% for2.19% against

    Against: promoters 0.00% · institutions 100.00% · other public 9.04%

    Turnout: all 56.62% · promoters 99.99% · institutions 88.67% · other public 0.18%

  7. To consider the ratification of the remuneration payable to M/s M.K. Kulshrestha & Associates, Cost Auditors of the Company for the Financial Year 2022-23.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 9.04%

    Turnout: all 56.62% · promoters 99.99% · institutions 88.67% · other public 0.18%

  8. To consider the issue of Bonus Shares to the members of the Company by way of capitalization of reserves.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 8.16%

    Turnout: all 56.62% · promoters 99.99% · institutions 88.67% · other public 0.18%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 22 Sep 2021, 6 resolutions

Present: 4 promoters and 217 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the financial statements of the Company for the year ended 31 March, 2021 together with Reports of the Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 55.86% · promoters 99.99% · institutions 62.38% · other public 0.10%

  2. To consider the re-appointment of Mr. Wolfgang Rudolf Schilha as a Non-Executive Independent Director on the Board of the Company
    Special
    99.10% for0.90% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.00%

    Turnout: all 55.86% · promoters 99.99% · institutions 62.38% · other public 0.10%

  3. To consider the re-appointment of Mr. Sameer Kanwar as Joint Managing Director of the Company
    SpecialPromoters have an interest in it
    99.10% for0.90% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.00%

    Turnout: all 55.86% · promoters 99.99% · institutions 62.38% · other public 0.10%

  4. To consider the re-appointment of Mr. Nagar Venkatraman Srinivasan, who retires by rotation and is eligible for re-appointment, as a Non-Executive Director on the Board of the Company liable to retire by rotationMoreLess
    Special
    99.10% for0.90% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.00%

    Turnout: all 55.86% · promoters 99.99% · institutions 62.38% · other public 0.10%

  5. To consider the “Bharat Gears Limited - Employee Stock Option Scheme 2021”
    Special
    99.10% for0.90% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.00%

    Turnout: all 55.86% · promoters 99.99% · institutions 62.38% · other public 0.10%

  6. To consider the ratification of the remuneration payable to M/s M.K. Kulshrestha & Associates, Cost Auditors of the Company for the Financial Year 2021-22
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 55.86% · promoters 99.99% · institutions 62.38% · other public 0.10%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 16 Sep 2020, 7 resolutions

Present: 4 promoters and 110 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the financial statements of the Company for the year ended 31 March, 2020 together with Reports of the Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 55.36% · promoters 99.99% · institutions 0.00% · other public 0.10%

  2. To consider the re-appointment of Mr. Rakesh Chopra as a Non-Executive Independent Director on the Board of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 55.36% · promoters 99.99% · institutions 0.00% · other public 0.10%

  3. To consider the re-appointment of Mr. Virendra Kumar Pargal as a Non-Executive Independent Director on the Board of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 55.36% · promoters 99.99% · institutions 0.00% · other public 0.10%

  4. To consider the re-appointment of Mr. Surinder Paul Kanwar as Chairman and Managing Director of the Company
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 55.36% · promoters 99.99% · institutions 0.00% · other public 0.10%

  5. To consider the re-appointment of Mr. Nagar Venkatraman Srinivasan, who retires by rotation and is eligible for re-appointment, as a Non-Executive Director on the Board of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 55.36% · promoters 99.99% · institutions 0.00% · other public 0.10%

  6. To consider the ratification of the remuneration payable to M/s M.K. Kulshrestha & Associates, Cost Auditors of the Company for the Financial Year 2019-20
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 55.36% · promoters 99.99% · institutions 0.00% · other public 0.10%

  7. To consider the ratification of the remuneration payable to M/s M.K. Kulshrestha & Associates, Cost Auditors of the Company for the Financial Year 2020-21
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 55.36% · promoters 99.99% · institutions 0.00% · other public 0.10%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

At most 1 complaint open, quarter to Dec 2025.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.