With reference to the earlier announcement dated March 03, 2016, Bharat Gears has now informed that the Board of Directors in their meeting held on March 22, 2016 decided not to make any change in the promoters/ promoter group and maintain a status quo as the same and nullify the resolution passed by them in their meeting held on January 29, 2016 regarding deletion of the name of Late Dr. Raunaq Singh from the promoters/promoter group.
The above information is a part of company’s filings submitted to BSE.