Deccan Bearings Ltd — Updates, 06-08-2025: Company Update

Deccan Bearings has received a request from Mr. Mukesh N Vora, an erstwhile promoter, to be reclassified from the 'Promoter' to the 'Public' shareholder category. Mr. Vora sold his entire shareholding (now 0%) and confirmed he is no longer on the board, nor has any control or influence over the company's operations or decisions. This follows an open offer where a new acquirer became the company's promoter. The company will proceed with necessary steps for this reclassification. This move clarifies the shift in ownership and management control for investors.