Deccan Bearings Ltd — Updates, 03-07-2025: Company Update

Deccan Bearings Limited has announced a board meeting outcome confirming the allotment of 98.64 lakh equity shares at a face value of Rs 10 each to three non-promoter investors, raising Rs 9.86 crore in total. The shares were allotted to Paresh Gushabhai Satani (40.64 lakh shares), Chirag Ramjibhai Satani (29 lakh shares), and Ramjibhai Gushabhai Satani (29 lakh shares). This capital infusion strengthens the company’s equity base, potentially supporting business growth and operational funding.