Deccan Bearings Ltd — Updates, 28-07-2025: Company Update

Deccan Bearings Limited has received a request from Kiran N Vora HUF to reclassify from the 'Promoter/Promoters Group' to the 'Public Category'. Kiran N Vora HUF stated that the Promoter Group's shareholding is now below 10% of the paid-up capital due to recent share transfers. They also clarified that they currently hold no shares and have no involvement on the Board, as a Key Managerial Personnel, or as a bank signatory. This reclassification, if approved, would reflect a significant shift in the company's ownership structure and the composition of its promoter group. The company will now proceed with necessary steps regarding this request.