APPROVED CHANGE OF NAME FROM DECCAN BEARINGS LTD. TO SATANI BEARINGS LTD.
Awaiting price reaction for this filing.
Satani Bearings Ltd (formerly Deccan Bearings Ltd) has received approval from BSE for changing its name from 'Deccan Bearings Ltd.' to 'Satani Bearings Ltd.' The change was approved by the Board of Directors and is subject to approvals from the Registrar of Companies and shareholders. The new SCRIP ID and abbreviated name on the BOLT Plus system will be 'SATANIBRG', effective from March 02, 2026. The scrip code (505703) remains unchanged. A Certificate of Incorporation has been attached reflecting the new name.
This is purely an administrative rebranding with no direct impact on the company's financials, operations, or shareholder value. Shareholders do not need to take any action, though they may notice the updated name and ticker on trading platforms from March 2, 2026 onward.