NRB Bearings Limited has filed its quarterly compliance certificate under SEBI regulations, confirming adherence to prescribed dematerialisation procedures for the quarter ended March 31, 2026. The Mumbai-based bearings manufacturer submitted the mandatory certificate to both BSE and NSE on April 3, 2026.

Regulatory Compliance Details

The compliance certificate was issued under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. This regulation mandates companies to confirm proper handling of securities received for dematerialisation during each quarter.

Registrar and Transfer Agent Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as NRB Bearings' Registrar and Share Transfer Agent. The SEBI-registered Category I RTA bearing Registration Number INR000004058 issued the compliance certificate on April 1, 2026.

The RTA confirmed that securities received from depository participants for dematerialisation during the quarter were properly processed within prescribed timelines. All security certificates received for dematerialisation were confirmed or rejected appropriately, with certificates being mutilated and cancelled after due verification by the depository participant.

Company Secretary Certification

Khyati Danani, Company Secretary and Compliance Officer (Membership no. A21844), signed the compliance filing on behalf of NRB Bearings Limited. The digital signature was applied on April 3, 2026, at 12:06:16 +05'30', ensuring proper authentication of the regulatory submission.

Official Documentation Process

The compliance submission included official letters to both stock exchanges, with NRB Bearings' corporate address at Dhannur, 15, Sir P.M. Road, Fort, Mumbai-400001. The company's CIN L29130MH1965PLC013251 was referenced in the official correspondence.

Ashok Shetty, Sr. Vice President-Corporate Registry at MUFG Intime India Private Limited, signed the confirmation certificate on behalf of the RTA. The certificate confirmed that all securities received for dematerialisation were processed according to regulatory requirements and that the name of the depositories was substituted in the register of members within prescribed timelines.

This quarterly compliance filing demonstrates NRB Bearings' commitment to maintaining transparency and adhering to regulatory requirements governing securities transactions and dematerialisation processes.

NRB Bearings Limited announced its consolidated and standalone unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing robust growth across key financial metrics alongside several strategic corporate developments during its Board meeting held on February 9, 2026.

Consolidated Financial Performance Q3FY26

The company delivered exceptional consolidated performance in Q3FY26, marking the seventh consecutive quarter of growth. Revenue from operations reached ₹328.00 crores compared to ₹279.00 crores in the corresponding quarter of the previous year, representing an 18% year-on-year increase.

For the nine months ended December 31, 2025, consolidated revenue from operations stood at ₹963.00 crores compared to ₹869.00 crores in the corresponding period of the previous year, delivering an 11% growth. The profit after tax before exceptional items for the nine-month period reached ₹112.00 crores against ₹88.00 crores in the previous year.

Standalone Financial Results Q3FY26

On a standalone basis, the company reported revenue from operations of ₹296.32 crores in Q3FY26 compared to ₹257.08 crores in Q3FY25. Profit after tax stood at ₹23.97 crores against ₹18.21 crores in the previous year, registering a growth of 31.60%.

Dividend Declaration and Record Date Confirmation

The Board declared a second interim dividend of ₹3.20 per equity share of face value ₹2.00 each, representing 160% of the face value. The company has officially confirmed February 13, 2026 as the record date for determining dividend entitlement under Regulation 42 of SEBI regulations.

Leadership Changes and Strategic Appointments

Significant leadership transitions were approved during the Board meeting. Mr. Ashank Desai will complete his maximum permissible tenure as Independent Director and Chairman on March 29, 2026, after serving two consecutive terms. Mr. Tashwinder Singh has been appointed as the new Chairman effective March 30, 2026.

The company appointed Mr. Vineet Goel as Chief Financial Officer and Key Managerial Personnel effective February 11, 2026. Mr. Goel brings over 25 years of global experience across manufacturing, service, and technology sectors, with qualifications including CPA (USA), MBA Finance, and extensive international exposure across India and Germany.

Major Capacity Expansion and Strategic Initiatives

The Board approved a significant capacity expansion plan requiring an investment of approximately ₹70.00 crores to address increased demand and enhance production capabilities. The expansion will add 17-25% capacity across various product lines at all plants, driven by strong growth in current platforms and new product development.

The company also approved the incorporation of NRB Unitec Technologies Private Limited, a joint venture with Italy-based Unitec Group for manufacturing Cylindrical Roller Bearings. Additionally, the wholly owned subsidiary Mahant Tool Room Private Limited entered into a Business Transfer Agreement to acquire aerospace industry manufacturing capabilities for ₹27.50 crores, marking NRB's formal entry into the aerospace segment.