Announcement under Regulation 30(LODR) - 1.Change of website address,2.Change of email id & contact no,3.Appointment of Mr. Tanuj Satani as WTD & CFO.
Awaiting price reaction for this filing.
Satani Bearings Ltd has updated its corporate details on BSE, including a new website (www.satanibearings.com, replacing www.deccanbearings.in), new email (tanuj@sataniindustries.com), and new contact number. The company has also appointed Mr. Tanuj Satani as Whole-time Director and Chief Financial Officer effective 08 November 2025. The rebrand from 'Deccan Bearings' to 'Satani Bearings' combined with the appointment of a person bearing the 'Satani' surname suggests a change in promoter family control of the company. The registered office has been updated to an address in Andheri East, Mumbai.
The rebrand and appointment of a Satani-family member as WTD & CFO indicates a change in promoter/family control. Shareholders should monitor further disclosures on the company's ownership structure and strategic direction under the new management.