News Stocks Satani Bearings Limited Receives BSE Approval for Name Change from Deccan Bearings LimitedSatani Bearings Limited Receives BSE Approval for Name Change from Deccan Bearings Limited
Satani Bearings Limited received BSE approval on February 24, 2026, for changing its name from Deccan Bearings Limited. The new trading parameters, including scrip ID SATANIBRG, will be effective March 02, 2026, while scrip code 505703 remains unchanged. The company's Board had approved this name change proposal, which still requires approvals from the Registrar of Companies, shareholders, and other regulatory authorities.
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Satani Bearings Limited has successfully obtained approval from BSE Limited for its proposed name change from Deccan Bearings Limited. The company submitted the regulatory intimation on February 26, 2026, confirming receipt of the exchange's approval dated February 24, 2026.
Name Change Details
The Board of Directors had previously approved the proposal to change the company name from "Deccan Bearings Ltd." to "Satani Bearings Ltd." This corporate restructuring initiative requires multiple regulatory approvals, including consent from the Registrar of Companies, company shareholders, and other applicable regulatory authorities.
Trading Parameters Update
BSE Limited has announced the implementation of new trading parameters effective March 02, 2026. The exchange will update the company's identification details in the BOLT Plus trading system to reflect the name change.
| Parameter | Current Details | New Details |
|---|---|---|
| Company Name | Deccan Bearings Ltd | Satani Bearings Ltd. |
| Scrip Code | 505703 | 505703 |
| Scrip ID | Not specified | SATANIBRG |
| Abbreviated Name | Not specified | SATANIBRG |
Regulatory Compliance
The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was signed by Tanuj Pareschkumar Satani, Whole-time Director (DIN: 11387693), ensuring proper corporate governance protocols.
Implementation Timeline
BSE Limited issued Notice No. 20260224-28 on February 24, 2026, categorizing this as a company-related announcement in the equity segment. Trading members have been notified of the upcoming changes to ensure smooth transition in trading operations.
The name change represents a significant corporate milestone for the bearings manufacturer, though the company must still secure remaining regulatory approvals before the transformation is complete. The new trading symbol SATANIBRG will help market participants identify the company under its updated corporate identity.
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