Deccan Bearings Ltd — Important, 25-11-2025: Company Update

Deccan Bearings' board approved the financial results for the quarter and half-year, reporting a Q2 loss of Rs 0.04 Cr and H1 loss of Rs 0.30 Cr. Major changes in leadership include the appointment of Mr. Paresh Satani as Managing Director, Mr. Tanuj Satani as Whole-time Director and CFO, and Mr. Chirag Satani as Whole-time Director. This follows the resignations of the previous MD, CFO, and two independent directors. The company also proposes changing its name to Satani Bearings Limited, relocating its registered office, and opening a new corporate office. Shareholders will vote on these proposals at an upcoming EGM.