Rohit Relan family trust acquires significant stake in Bharat Seats

On September 29, 2025, the Rohit Relan Family Trust disclosed its acquisition of 1,02,88,358 equity shares, or 16.38%, of Bharat Seats Limited. This acquisition occurred on September 26, 2025, and was an off-market inter-se transfer by gift from various Relan family members. The transaction also included the acquisition of 73.13% of NDR Auto Components Limited by the acquirer.

SEBI granted an exemption for this acquisition under Regulation 11(5) of the SAST Regulations, via order no. WTM/KCV/CFD/03/2025-26, dated September 04, 2025. The exemption was due to the transaction being an internal, non-commercial reorganization within the promoter's family, which does not alter Bharat Seats Limited's total equity share capital.

Before the acquisition, the trust held no shares. Post-acquisition, the trust now holds 1,02,88,358 shares, representing 16.38% of the total share and voting capital. The trust, previously not part of the promoter group, will now be categorized as a promoter of Bharat Seats Limited.