NRB Industrial Bearings confirms no promoter encumbrance in FY26

NRB Industrial Bearings has confirmed that its promoters, along with persons acting in concert, did not create any encumbrance on their shareholdings during the financial year ended March 31, 2026. The disclosure was submitted to the stock exchanges in compliance with regulatory requirements.

The confirmation was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulation, 2011. This regulation mandates the disclosure of any encumbrance created by promoters on their shares to ensure transparency in the market.

Regulatory Filing Details

The filing was addressed to the Listing Departments of BSE Limited and the National Stock Exchange of India Limited. The company requested the exchanges to place the information on record.

Entity	Role
BSE Limited	Exchange
National Stock Exchange of India Limited	Exchange
SEBI	Regulator

Promoter Confirmation

The declaration was made on behalf of all promoters of NRB Industrial Bearings. It explicitly stated that no encumbrance, direct or indirect, was made on the shares during the specified period.

The confirmation was signed by Devesh Singh Sahney, a Promoter of the company. The document was digitally signed on April 6, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.81%	-1.90%	-7.12%	+5.17%	+7.84%	+41.02%

NRB Industrial Bearings reported a consolidated net loss of ₹2,946.03 lakh for the financial year ended March 31, 2026, reversing the net profit of ₹1,863.79 lakh recorded in the previous year. The company’s standalone results for the year also reflected a net loss of ₹3,010.59 lakh. Despite the losses, the Board approved the financial results, asserting the company's status as a going concern based on strategic plans and a financial support letter from a promoter director.

The Board of Directors, in its meeting held on May 28, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The statutory auditors, M/s. SRBC & Co. LLP, issued an unmodified opinion on these results. The meeting also addressed the company's financial health, noting a negative net worth of ₹5,512.10 lakh and a net current liability position of ₹1,896.97 lakh as of March 31, 2026. The company published the financial results in newspapers on May 29, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

Revenue from operations for the year ended March 31, 2026, stood at ₹7,562.01 lakh on a consolidated basis, up from ₹6,374.20 lakh in the prior year. Total income rose to ₹8,033.68 lakh. However, total expenditure increased to ₹10,871.52 lakh, driven by higher costs of materials consumed, employee benefits, and finance costs. The company recognized an exceptional expense of ₹172.75 lakh related to the estimated impact of new Labour Codes.

Metric	Year Ended Mar 31, 2026 (₹ in Lakhs)	Year Ended Mar 31, 2025 (₹ in Lakhs)
Revenue from operations	7,562.01	6,374.20
Total Income	8,033.68	6,603.67
Total Expenditure	10,871.52	9,420.73
Profit/(Loss) before tax	(2,837.84)	(2,817.06)
Net Profit/(Loss)	(2,946.03)	1,863.79

For the quarter ended March 31, 2026, the company reported a consolidated net loss of ₹674.11 lakh and a standalone net loss of ₹681.64 lakh. Revenue from operations for the quarter stood at ₹2,172.03 lakh on both a standalone and consolidated basis.

Board Decisions and Corporate Actions

Alongside the financial results, the Board approved several key managerial and governance decisions. Mr. Vikas Khanna was appointed as the Chief Business Officer for the Automotive sector. Additionally, Mr. Vikas Mandalwar was redesignated as Group Chief Financial Officer, and Mrs. Vandana Yadav was redesignated as Group Company Secretary and Group Legal Head.

The Board approved the re-appointment of M/s. GSC & Co. LLP as the Internal Auditor and M/s. JJ Gandhi & Co. as the Secretarial Auditor for the fiscal year 2026-27. Mr. Devesh Singh Sahney, Executive Non-Independent Director, was also approved for re-appointment, subject to shareholder approval at the ensuing Annual General Meeting.

Corporate Guarantees and Related Party Transactions

The company sanctioned the issuance of corporate guarantees to its associate companies, NRB-IBC Bearings Private Limited and NIBL-Korta Engineering Private Limited. Guarantees of ₹8 crore and ₹5 crore were issued respectively to secure credit facilities for these entities. The Board also approved revisions to the remuneration of Ms. Mallika Sahney, Assistant Vice President – Strategy, and Mr. Devesh Singh Sahney, Chairman and Managing Director, classified as related party transactions subject to shareholder approval.