40th Annual Report FY 2024-2025
Awaiting price reaction for this filing.
Deccan Bearings Limited (BSE: 505703) has submitted its 40th Annual Report for FY 2024-25 along with the notice convening its 40th Annual General Meeting on Tuesday, September 30, 2025, at 4:00 PM (IST) via video conferencing. The AGM will consider four items: adoption of the audited financial statements for the year ended March 31, 2025, reappointment of Managing Director Priyankbhai Vasantbhai Ghelani (who retires by rotation), and reappointment of Mrs. Shilpa Sagar Parab as Independent Director for a second consecutive term of five years (January 28, 2025 to January 27, 2030) via special resolution. Members will also vote on the appointment of M/s. Amarendra Mohapatra & Associates as Secretarial Auditor for three consecutive years covering FY 2025-26 to 2027-28. Remote e-voting opens on September 27, 2025 at 9:00 AM and closes on September 29, 2025 at 5:00 PM, with the cut-off date for eligibility set as September 23, 2025. The Register of Members and share transfer books will remain closed from September 24 to September 30, 2025.
This is a routine annual compliance filing with no material business impact. The proposed resolutions are standard governance items (financial adoption, director reappointments, and auditor appointment), and shareholders should focus on the e-voting window and book closure period to ensure their voting rights are exercised.