Satani Bearings Limited, formerly known as Deccan Bearings Limited, has formally requested BSE Limited to update its corporate information following significant management changes. The company submitted the request on February 26, 2026, seeking immediate updates to the BSE Corporate Information portal to ensure accurate information dissemination to shareholders and stakeholders.

Corporate Information Updates

The company has implemented several key changes to its corporate infrastructure and contact information:

These changes reflect the company's rebranding initiative and updated communication channels for all official correspondence with shareholders and regulatory authorities.

Key Management Appointment

Tanuj Satani has been appointed as Chief Financial Officer and Whole-time Director of the company with effect from November 8, 2025. His appointment encompasses dual responsibilities as both a board member and the company's chief financial executive.

Regulatory Compliance

The company has emphasized the importance of updating these details on the BSE Corporate Information section to maintain transparency and ensure correct information flow to the investing public. Satani Bearings has requested the exchange to acknowledge receipt of the request and confirm completion of the updates at the earliest possible time.

The formal communication was digitally signed by Tanuj Satani in his capacity as Director on February 26, 2026, demonstrating the company's commitment to proper corporate governance and regulatory compliance procedures.

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.

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.