Deccan Bearings Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/09/2025 ,inter alia, to consider and approve ENCLOSED HEREWITH BOARD MEETING ....
Awaiting price reaction for this filing.
Deccan Bearings Limited has informed BSE that its Board of Directors will meet on Friday, 5th September 2025 at the registered office in Mumbai. The main agenda is to consider and approve a request received for reclassification of certain shareholders from the 'Promoter/Promoter Group' category to the 'Public' category, under Regulation 31A of SEBI's LODR Regulations, 2015. The Board will also consider approving the filing of related applications with the Stock Exchange and other regulatory authorities. Any other matter may be taken up with the Chair's permission. The intimation is signed by Managing Director Priyankbhai Ghelani.
If approved, the promoter group's classified shareholding in the company will reduce, which could affect the promoter/public shareholding split reported to the stock exchanges. Shareholders should watch for the outcome of the meeting on 5th September and any follow-up filing with the exchange regarding the new promoter holding percentage.