Deccan Bearings Ltd — Important, 05-09-2025: Company Update
05-09-2025 | 08:18 pm
05-09-2025 | 08:18 pm
Deccan Bearings' Board has approved reclassification requests for certain individuals to move from the 'Promoter/Promoter Group' to the 'Public' category. The Board confirmed that these applicants meet all specified criteria, including not holding any shares with total voting rights, not controlling company affairs, and having no special rights or board representation. This decision streamlines the company’s shareholding pattern and adjusts its ownership structure, which is relevant for public float and compliance.
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