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Deccan Bearings Limited has announced a board meeting outcome whereby it approved the allotment of 79,52,239 equity shares at Rs. 10 each to 53 non-promoter investors on a preferential basis, raising Rs. 7.95 Cr. This allotment follows prior shareholder approval and receipt of the full subscription amount. The board authorized the Managing Director and other directors to complete formalities for listing these shares and related filings. This capital infusion strengthens the company’s equity base, supporting its operational and growth initiatives.