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

DECCAN BEARINGS LIMITED

CIN: L29130MH1985PLCO35747

Date: 6™ August, 2025

To,

The General Manager,

Listing Department,

BSE Limited,

Phiroze Jeejeebhoy Towers,

Dalal Street, Mumbai - 400001.

BSE CODE: 505703

SUBJECT: INTIMATION OF RECEIPT OF REQUEST FOR RECLASSIFICATION FROM

THE 'PROMOTER’ CATEGORY IN ACCORDANCE WITH REGULATION 31A OF THE

SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND

DISCLOSURE REQUIREMENTS) REGULATIONS, 2015

Dear Sir/Madam,

Pursuant to Regulations 30 and 31A of the Securities and Exchange Board of India

(Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to

inform you that the Company has received a request letter from Mrs. Malini M vora for

reclassification of shareholder from "Promoter” category to “Public” Category.

The Company will take necessarily step in this regard in due course.

Kindly acknowledge & take on record the same.

Thanking you,

For Deccan Bearings Limited,

Dl signedby PRIYANKBHAI riAtiara

VASANTBHAI {hthly

GHELANI Date: 2025.08.06 141813 10530

Priyankbhai Ghelani

Managing Director

DIN: 10989804

REGISTERED OFFICE: 136, B WING ANSA INDUSTRIAL. ESTATE, SAKIVIHAR ROAD,

SAKINAKA, ANDHERI (EAST) MUMBAI- 400 072

CONTACT NO: 9223400434

EMAIL ID : CS.DECCANBE ARINGSLTD@GMAIL.COM ; WEBSITE : WWW.DECCANBE ARINGS.IN

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MALINI VORA

Date: 31-07-2025

To,

The Board of Directors,

Deccan Bearings Limited

CIN: L29130MH1985PLC035747

Registered Office: 136, B Wing Ansa Industrial Estate,

Saki vihar Road, Sakinaka, Andheri (East),

Maharashtra, India, 400072.

SCRIP CODE: 505703

Dear Sir/Madam,

Sub: Request for reclassification from the 'Promoter’ category to 'Public’ category in

accordance with Regulation 31A of the Securities and Exchange Board of India (Listing

Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR Regulations”).

1, Malini M Vora, Promoter of Deccan Bearings Limited ("Company") holding Nil Equity Shares

constituting 0.00 % of total equity share capital of the Company. I have sold my entire holding

through Share Purchase Agreement (SPA) dated 22n¢ October, 2024 to the Acquirer Mr. Satyajit

Mishra and later on he came out with open offer and his open offer formalities were completed

on dated 25th March, 2025. As on date I am holding Nil shares (0%). I am not part of Board nor

acting as a KMP or bank signatory and none of my family members are holding any shares in the

company or are holding in a position of Board or KMP. Our HUF already been went through family

division hence I am not part of any of the person of our earlier larger HUF directly or indirectly. I

am disclosed as a part of promoter/promoter group of the Company in the shareholding pattern

filed by the Company with the BSE Limited {"BSE") ("Stock Exchange") in accordance with the

SEBI (LODR) Regulations, 2015.

As per the applicable provisions of the SEBI (SAST) Regulations, 2011 it is given under the Open

Offer Document that the Acquirer will be the largest Shareholder and have a controlling stake in

the target company, and will be classified as a ‘Promoter” of the Target Company in accordance

with the applicable laws. The erstwhile promoter and promoter group do not hold any

management control, nor do they hold any Equity Shares of the Target Company, and on

completion of the Offer ceased to be promoter and promoter group of the Target Company and

the Acquirer will be the new Promoter of the Target Company.

173 /A, JOLLY MAKER APARTMENTS NO. 1, CUFFE PARADE, COLABA

MUMBAI - 400005, MAHARASHTRA, INDIA

Maf}i’/"“ @

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MALINI VORA

As on today, except for my shareholding in the Company, I am not, directly or indirectly,

associated with the business of the Company and do not have any influence over the business and

policy decisions made by the Company. Further, I am not involved in the day to day activities of

the Company nor exercise any control over the affairs of the Company. Accordingly, I wish to

reclassify myself from the 'Promoter’ category to 'Public' category of shareholder of the Company.

In connection with my request for reclassification, I hereby confirm and certify that:-

1. I, along with the person related to me (as defined under sub-clauses (ii}, (iii) and (iv} of

clause (pp) of sub-regulation (1) of Regulation 2 of Securities and Exchange Board of India

(Issue of Capital and Disclosure Requirements) Regulations, 2018) -

a. do not together, hold more than 10% of the total voting rights in the Company;

b. do not exercise control over the affairs of the Company, directly or indirectly;

c. do not have any special rights with respect to the Company through formal or informal

arrangements including through any shareholder agreements;

d. do not represent on the board of directors of the Company {including not having a

nominee director);

e. do not act as a key managerial person in the Company;

f.is not a 'wilful defaulter" as per the Reserve Bank of India Guidelines;

g is not a fugitive economic offender.

2. 1 further confirm and undertake that as required under SEBI LODR Regulations, 2015,

upon reclassification of Outgoing Promoters from the 'Promoter’/ 'Promoter Group’, I will

continue to comply with the conditions prescribed under Regulation 31A of the SEBI

LODR Regulations, 2015.

In light of the above, I request the Board of Directors of the Company to consider and approve my

request of reclassification from 'Promoter’ category to 'Public' category of shareholders and take

necessary steps for reclassification.

Yours faithfully,

Malini M Vora

Promoter

173/A, JOLLY MAKER APARTMENTS NO. 1, CUFFE PARADE, COLABA

MUMBAI - 400005, MAHARASHTRA, INDIA

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