ENCLOSED HEREWITH INTIMATION OF RECLASSIFICATION LETTER RECIEVED FROM MANISH VORA HUF
Awaiting price reaction for this filing.
Manish N Vora HUF, listed as part of the promoter group of Deccan Bearings Limited, has formally requested the Board to reclassify them from the 'Promoter' category to the 'Public' category under SEBI LODR Regulation 31A. The entity currently holds 0 equity shares (0.00%) after selling its entire stake via a Share Purchase Agreement dated 25 July 2024 to Mrs. Sumita Mishra. They confirm no board seat, no KMP role, no special rights, no family member shareholding, and no involvement in day-to-day affairs. The company will now take the necessary steps to process this reclassification.
This is a procedural housekeeping filing — the promoter entity has already fully exited the stock back in July 2024, so there is no fresh selling pressure. Shareholders should see no change in shareholding pattern or stock price from this announcement itself.