Description

The Ministry of Corporate Affairs has issued a Certificate of Incorporation confirming the change of name from Deccan Bearings Ltd to Satani Bearings Limited, effective January 5, 2026.

Summary

The Ministry of Corporate Affairs, through the Office of the Central Processing Centre, has issued a Certificate of Incorporation confirming the change of name of CIN L29130MH1985PLC035747 from Deccan Bearings Ltd to Satani Bearings Limited, effective January 5, 2026. The company remains a company limited by shares and retains all prior rights and liabilities.

Key Points

  • Company name changed from Deccan Bearings Ltd to Satani Bearings Limited with effect from January 5, 2026.
  • CIN remains unchanged: L29130MH1985PLC035747.
  • The name change was approved and digitally signed by Brijesh Kain, Central Processing Centre, under rule 9(2) of the Companies (Registration Offices and Fees) Rules, 2014.
  • The name change does not affect the rights and liabilities of any stakeholders.
  • Registered address: 136, B Wing Ansa Industrial Estate, Saki Vihar Road, Sakinaka, Andheri (East), Mumbai – 400072, Maharashtra.

Regulatory Changes

Pursuant to rule 29 of the Companies (Incorporation) Rules, 2014, the company’s name has been formally updated in the Register of Companies. The company is obligated under Section 12 of the Companies Act to display the old name Deccan Bearings Ltd alongside its new name Satani Bearings Limited at all locations where the company is required to display its name for a period of two years from the date of this certificate.

Compliance Requirements

  • The company must display the old name (Deccan Bearings Ltd) along with the new name (Satani Bearings Limited) at all required display locations for two years from January 5, 2026.
  • All stakeholders are advised to verify the latest status of the company and its directors on the MCA website: www.mca.gov.in/MCA21.
  • BSE and relevant market participants should update records to reflect the new company name.

Important Dates

  • January 5, 2026 – Effective date of name change (Certificate of Incorporation issued).
  • January 5, 2028 – End of mandatory two-year period for displaying the old name alongside the new name.

Impact Assessment

The name change is an administrative action with minimal market impact. The company’s CIN, listing status, shareholding structure, and all contractual obligations remain unaffected. Market participants and investors holding shares of Deccan Bearings Ltd should note the new name Satani Bearings Limited for future reference. Exchange records, depository records, and any published disclosures referencing the old name will need to be updated accordingly.

Impact Justification

Routine administrative name change with no effect on company rights, liabilities, or stakeholder positions. Limited market impact beyond ticker/name updates.