Deccan Bearings Ltd — Updates, 28-06-2025: Company Update

Deccan Bearings Limited has announced a board meeting outcome confirming 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. The company has taken on record the statutory auditor’s certificate for receipt of subscription money and member approval for the allotment. The board also authorised the Managing Director and other directors to complete the necessary formalities for listing these shares. This equity infusion strengthens the company’s capital base and supports its growth plans.