Bharat Wire Ropes Limited has submitted a regulatory intimation to the National Stock Exchange of India Limited and BSE Limited. The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The core event disclosed is the purchase of 3,782 unlisted Compulsorily Convertible Preference Shares (CCPS) by M/s. Gyanshankar E-Trading LLP, a Promoter Group entity. The shares were acquired from Union Bank of India (UK) Limited through an off-market transaction.
The disclosure provides historical context for these CCPS, stating that a total of 38,266 unlisted CCPS were originally allotted to a Consortium of Banks in FY 2020-21. This allotment was made towards the conversion of a loan amounting to ₹382.66 crores, as per the sanction of a Resolution Plan by the banks.
The company explicitly states that this acquisition by the promoter group entity does not result in any change to the total paid-up capital of the company at this stage.
The communication was signed and digitally submitted by Govinda Soni, Company Secretary and Compliance Officer, on July 2, 2026, at 13:25:03 IST.