SATANI Bearings Limited (formerly Deccan Bearings Limited) has submitted its mandatory quarterly dematerialisation certificate to BSE for the quarter ended 31st March, 2026. The filing, made on 6th April, 2026, fulfills the company's regulatory obligations under SEBI's depositories regulations.

Regulatory Compliance Filing

The certificate was filed under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. Whole-time Director Tanuj Paresh Kumar Satani (DIN: 11387693) signed and submitted the document to BSE's listing department, with copies sent to both National Securities Depository Limited and Central Depository Services (India) Ltd.

Registrar Confirmation

Purva Sharegistry (India) Pvt Ltd., serving as the company's registrar and share transfer agent, issued the confirmation certificate. The SEBI-registered entity (Registration No. INR000001112) operates as a Category 1 registrar for IPOs and share transfer services. Compliance Officer Ms. Deepali Gaonkar signed the certificate on behalf of Purva Sharegistry.

Dematerialisation Activity Summary

The detailed report for the quarter shows no dematerialisation activity during the period from 1st January, 2026 to 31st March, 2026:

Company Background

SATANI Bearings Limited operates under BSE code 505703 and was formerly known as Deccan Bearings Limited. The company maintains its listing obligations through regular compliance filings with stock exchanges and depositories. The quarterly certificate confirms that all securities received for dematerialisation are properly processed within prescribed timelines and regulatory frameworks.

SATANI Bearings Limited has successfully concluded its board meeting on April 02, 2026, approving comprehensive capital restructuring and expansion initiatives. The meeting addressed multiple strategic agenda items under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Major Capital Structure Decisions

The board has approved significant changes to the company's capital framework, demonstrating ambitious growth plans:

Share Split and Corporate Actions

The board approved a 10:1 share split, transforming each existing ₹10.00 face value share into 10 shares of ₹1.00 each. This strategic move aims to improve liquidity and make shares more accessible to retail investors:

Enhanced Financial Powers and International Expansion

The board has substantially increased the company's financial capabilities and approved international expansion:

Key Personnel Changes and Corporate Governance

The company has strengthened its leadership team while experiencing some departures:

Business Diversification and EGM Schedule

The board approved expansion into agro-food products, adding a new main object clause covering spices, oil seeds, grains, vegetables, herbs, and pickles. The board has appointed M/s. SCS & Co. LLP, Company Secretaries, as scrutinizer for the remote e-voting process.

An Extra-Ordinary General Meeting has been scheduled for April 30, 2026, through video conferencing to seek shareholder approval for all proposed changes. The board meeting commenced at 6:00 PM and concluded at 7:30 PM on April 02, 2026.

The comprehensive agenda reflects SATANI Bearings Limited's strategic transformation from a traditional bearings manufacturer to a diversified company with enhanced capital base, international presence, and expanded business scope. All major decisions require shareholder approval at the upcoming EGM.