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

Deccan Bearings has received a request from Mukesh N Vora HUF for reclassification from the 'Promoter Group' to the 'Public Category'. The shareholder states they hold 0% equity shares, having sold their entire holding, and are no longer involved in the company's management or operations. This request follows a recent open offer completion where a new acquirer became the company's promoter, making the HUF an erstwhile promoter with no control or influence. The company will now proceed with necessary steps regarding this reclassification. This move clarifies the shareholder structure post-acquisition.