Deccan Bearings Ltd — Updates, 19-05-2025: Company Update

Deccan Bearings Limited has announced a board meeting to review the financial results for the quarter and year ended March 31, 2025. The company has published its audited standalone financial results in leading newspapers. Separately, the company raised Rs. 78.07 Cr through an SME IPO by issuing 60.05 lakh equity shares at Rs. 130 each, with proceeds primarily used for debt repayment, working capital, and general corporate purposes. This capital infusion aims to strengthen the balance sheet and support operational growth.