NRB Industrial Bearings Limited has elevated Mr. Vikas Mandalwar from Chief Financial Officer to Group Chief Financial Officer, effective May 28, 2026. The Board of Directors approved the change in designation during its meeting held on Thursday, May 28, 2026, based on the recommendation of the Nomination and Remuneration Committee. This elevation is pursuant to an expansion of responsibilities at the group level, although there is no change in Mr. Mandalwar's role as Key Managerial Personnel of the company.

Mr. Vikas Mandalwar is a qualified Chartered Accountant with a Bachelor's degree in Commerce and possesses 19 years of post-qualification experience in financial management, auditing, and corporate finance. His career commenced at Deloitte Haskins and Sells (Mumbai), where he worked on audits of major companies across various sectors, including manufacturing and services. He joined NRB Industrial Bearings Limited in 2014 as Senior Manager - Finance and Accounts.

During his tenure, Mr. Mandalwar has played a pivotal role in the management of the company's financial and accounting processes, including the implementation of GST and Indian Accounting Standards (Ind AS). His responsibilities have included managing Treasury, Direct and Indirect Taxation, statutory compliance, and financial audits. He also conducted financial due diligence for the acquisition of Korta Engineering Private Limited.

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information is also available on the company’s website.

NRB Industrial Bearings Limited has redesignated Mrs. Vandana Yadav from Company Secretary to Group Company Secretary and Group Legal Head, effective May 28, 2026. The Board of Directors approved this change during its meeting held on Thursday, May 28, 2026, based on the recommendation of the Nomination and Remuneration Committee. This decision follows an expansion of responsibilities at the group level, although Mrs. Yadav's role as Key Managerial Personnel remains unchanged.

The company submitted the intimation to BSE Limited and the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure references the SEBI Master Circular bearing reference no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Mrs. Vandana Yadav is a Commerce, General Law Graduate, and M. Com holder, as well as a qualified Company Secretary with over 11 years of experience in Corporate Secretarial and Legal fields. She has served as the Company Secretary and Compliance Officer of NRB Industrial Bearings Limited since 2022. Prior to this, she held the position of Company Secretary and Compliance Officer at Polo Queen Fintech and Industrial Limited.

The following table details the change in designation as per the regulatory disclosure: