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BGR Energy Systems Announces Promoter Share Transfer

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BGR Energy Systems Announces Promoter Share Transfer

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BGR Energy Systems Limited ( (IN:BGRENERGY) ) has provided an update.

BGR Energy Systems Limited has announced a transfer of shares within its promoter group. Mr. Arjun Govind Raghupathy, a promoter of the company, has gifted 2,100 equity shares to his mother, Mrs. Sasikala Raghupathy, who is also a promoter. This off-market transaction was executed without consideration and is disclosed as part of good corporate governance, despite not meeting the materiality threshold under SEBI regulations. The company will update its shareholding pattern in the next quarterly filing.

More about BGR Energy Systems Limited

Average Trading Volume: 58,832

Technical Sentiment Signal: Buy

Current Market Cap: 30.02B INR

For a thorough assessment of BGRENERGY stock, go to TipRanks’ Stock Analysis page.

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