<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....
Awaiting price reaction for this filing.
Deccan Bearings Limited (BSE Scrip Code: 505703) has filed a mandatory compliance disclosure with BSE dated May 17, 2025, under SEBI Circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023. The company confirms it is NOT a Large Corporate as per the SEBI criteria. Its outstanding qualified borrowings stand at NIL at both the start and end of the financial year, with no incremental qualified borrowing or debt securities issued during the year. The credit rating field is marked NA. The disclosure is signed by Managing Director Priyankbhai Ghelani (DIN: 10989804). This is a routine annual filing required even from companies that fall below the Large Corporate threshold.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms that the company carries no significant qualified borrowings and falls outside SEBI's Large Corporate classification framework.