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

Deccan Bearings has received a request for reclassification from Mr. Kiran N Vora, seeking to move from the 'Promoter' to the 'Public' shareholder category. This request follows the Promoter Group's shareholding falling below 10% of the company's paid-up capital. Mr. Vora explicitly states he holds zero shares and has no executive or board role, nor do his family members. This reclassification, if approved, alters the official ownership structure, indicating a reduced formal influence from the former promoter, which is a key update for shareholders regarding the company's governance and control.