Deccan Bearings Ltd — Updates, 17-05-2025: Company Update

Deccan Bearings Limited has announced a board meeting outcome approving the financial results for the quarter and year ended March 31, 2025, reflecting a loss of Rs 16.36 lakh for the year. The company appointed M/s Amarendra Mohapatra & Associates as Secretarial Auditor for five years and Mr. Manas Dash as Internal Auditor for 2025-26. The audited financials show no revenue from operations and total expenses of Rs 21.19 lakh, resulting in a loss before tax. The company maintains adequate internal financial controls. The statutory auditor issued an unmodified opinion, confirming compliance and no material uncertainties about going concern status.