Enclosed herewith disclosure to reclassify Mr. Satyajit Mishra & Others from Promoter category to Public category
Awaiting price reaction for this filing.
Deccan Bearings Limited has filed a revised disclosure confirming that 13 outgoing promoters — including Satyajit Mishra, members of the Vora family/HUFs, and NIP Exports Private Limited — have been reclassified from the Promoter category to the Public category. This follows the completion of an open offer by Mr. Pareshbhai Gushabhai Satani, Mr. Tanuj Pareshkumar Satani, Mr. Chirag Ramjibhai Satani, Mr. Ramjibhai Gushabhai Satani and persons acting in concert under SEBI Takeover Regulations, which closed on November 26, 2025. The revision adds NIP Exports Private Limited, whose name was inadvertently left out of the original disclosure dated November 27, 2025. The filing is made under Regulation 31A(10) of SEBI LODR Regulations, 2015.
Shareholders should note a change in the promoter group: the Vora family-related entities are moving to the public category while the Satani family has taken over as the new promoters via the open offer. This reshuffles the controlling shareholder base but does not directly affect share price unless the new promoters plan further actions.