ENCLOSED HERWITH INTIMATION OF RECLASSIFICATION LETTER RECEIVED FROM NIRUPA VORA
Awaiting price reaction for this filing.
Mrs. Nirupa N Vora, currently classified as a promoter of Deccan Bearings Limited, has requested the Board to reclassify her from the 'Promoter' category to the 'Public' category under SEBI LODR Regulation 31A. She holds Nil equity shares (0.00% of total share capital), having already sold her entire holding through a Share Purchase Agreement dated 25 July 2024 to Mrs. Sumita Mishra. She is not on the Board, not a KMP, has no family members holding shares or positions in the company, and has no influence over the company's business or policy decisions. The reclassification is essentially a procedural update to align her shareholding status with the company's official records.
This is a procedural/formal filing and is unlikely to have any material impact on the stock price. Since the promoter already sold all her shares in July 2024 and holds zero shares, there is no change in actual shareholding — only a correction in the category label from Promoter to Public.