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

Deccan Bearings will hold an Extra-Ordinary General Meeting to approve significant leadership changes and strategic business updates. Shareholders will vote on appointing Mr. Paresh Gushabhai Satani as Managing Director, and Mr. Tanuj Pareshkumar Satani and Mr. Chirag Ramjibhai Satani as Whole-time Directors, each for a three-year term. Their proposed annual remunerations are up to Rs. 0.40 Cr, Rs. 0.20 Cr, and Rs. 0.40 Cr, respectively. The company also proposes to change its name to "Satani Bearings Limited" and broaden its main business activities in bearing and metal product manufacturing and trading. These moves aim to strengthen management and align with future growth.