Bharat Gears - Updates
Bharat Gears Ltd has informed BSE that, under Section 640 B of the Companies Act 1956, the Company intends to make application to the Central Government for its approval for the re-appointment and payment of remuneration to Mr. Surinder P Kanwar as Chairman & Managing Director w.e.f. October 01, 2005 for a period of 5 years. Bharat Gears - EGM Outcome
Bharat Gears Ltd has informed BSE that at the EGM held on July 23, 2004, the members have approve cognizance of the Erosion of more then 50% of peak networth of the company under section 23 of the Sick Industrial Companies Act 1985. Bharat Gears - EGM
Bharat Gears Ltd has informed BSE that an EGM of the company to be held on July 23, 2004, to take cognizance of the fact that there has been an erosion of more than 50% of peak net worth of the company as on 31st March 2004, as such to report the fact of Erosion to BIFR. Bharat Gears clarifies on news item
With reference to a News Item appearing in a leading financial daily titled "Bharat Gears in focus on order buzz" Bharat Gears Ltd has informed BSE that the Company has not issued any press release or statement in respect of the issues stated in said item. The news item seems to have been inserted by speculators and operators for their vested interest....