NRB Bearings Declares 125% Interim Dividend, Announces Key Management Changes and Acquisition Plans

2 min read     Updated on 24 Oct 2025, 09:44 PM
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Reviewed by
Riya DeyScanX News Team
Overview

NRB Bearings Limited has declared an interim dividend of Rs. 2.50 per equity share (125% on face value). The company is undergoing key management changes with Ms. Khyati Hemang Danani appointed as the new Company Secretary & Compliance Officer. Additionally, the board has approved the acquisition of at least 99% shares in Sahney Bearings Private Limited, aiming to expand into aerospace, industrial, and electric/hybrid vehicle applications.

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*this image is generated using AI for illustrative purposes only.

NRB Bearings Limited , a prominent player in the auto components sector, has announced several significant developments that are likely to impact its future operations and shareholder value.

Interim Dividend Declaration

The company's board of directors has approved an interim dividend of Rs. 2.50 per equity share, representing a 125% dividend on the face value of Rs. 2 per share. This generous payout underscores the company's strong financial position and commitment to shareholder returns. Shareholders on record as of October 31, 2025, will be eligible to receive this dividend, which is set to be paid within 30 days of the declaration.

Key Management Changes

NRB Bearings is undergoing important changes in its leadership team:

Position Outgoing Incoming Effective Date
Company Secretary & Compliance Officer Mr. Kishor Harish Talreja Ms. Khyati Hemang Danani November 3, 2025

Mr. Kishor Talreja has resigned from his position due to personal reasons, effective October 24, 2025. The company has appointed Ms. Khyati Hemang Danani as the new Head - Legal, Company Secretary and Compliance Officer. Ms. Danani brings over 15 years of experience, including 11 years in listed companies, handling corporate secretarial functions, compliance, and legal advisory.

Strategic Acquisition Plans

In a move aimed at expanding its business horizons, NRB Bearings has received board approval to acquire a minimum of 99% shares in Sahney Bearings Private Limited, a promoter-owned company. This acquisition is strategically aligned with NRB Bearings' plans to expand into aerospace, industrial, and electric and hybrid vehicle applications.

Key details of the acquisition:

Aspect Details
Target Company Sahney Bearings Private Limited
Industry Auto components
Acquisition Purpose Expansion into aerospace, industrial, electric, and hybrid vehicle applications
Consideration Cash consideration at par value
Shareholding to be Acquired Minimum 99%
Target Company Financials Turnover: Nil, Net Profit: Nil
Target Company Incorporation June 20, 2025

The acquisition is being conducted at arm's length, with shares being acquired at par value. This move could potentially open new avenues for NRB Bearings in high-growth sectors, particularly in the evolving electric and hybrid vehicle market.

These developments collectively signal NRB Bearings' proactive approach to rewarding shareholders, strengthening its management team, and pursuing strategic growth opportunities. Investors and market watchers will likely keep a close eye on how these changes impact the company's performance and market position in the coming quarters.

Historical Stock Returns for NRB Bearings

1 Day5 Days1 Month6 Months1 Year5 Years
+0.75%+1.93%-10.01%+13.05%+3.61%+290.71%
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NRB Bearings Schedules Board Meeting to Consider Interim Dividend for FY 2025-26

1 min read     Updated on 16 Oct 2025, 05:42 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

NRB Bearings Limited has scheduled a Board of Directors meeting on October 24, 2025, to consider declaring an interim dividend for the Financial Year 2025-26. The company has implemented a trading window closure from October 1, 2025, until 48 hours after the declaration of unaudited financial results for Q2 and H1 ending September 30, 2025. This announcement complies with SEBI regulations requiring prior intimation of board meetings discussing financial results or dividend proposals.

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*this image is generated using AI for illustrative purposes only.

NRB Bearings Limited , a prominent player in the bearings industry, has announced a significant corporate action that may interest investors. The company has scheduled a Board of Directors meeting on October 24, 2025, to deliberate on and potentially declare an interim dividend for the Financial Year 2025-26.

Key Details of the Announcement

Aspect Details
Event Board of Directors Meeting
Date October 24, 2025 (Friday)
Purpose To consider and declare interim dividend
Applicable Financial Year 2025-26
Trading Window Closure October 1, 2025 - 48 hours post financial results declaration

Trading Window Closure

In compliance with regulatory requirements, NRB Bearings has implemented a trading window closure for its securities. This closure began on October 1, 2025, and will remain in effect until 48 hours after the company declares its unaudited financial results for the quarter and half-year ending September 30, 2025.

Regulatory Compliance

The company has made this announcement in adherence to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed entities to provide prior intimation to stock exchanges about board meetings where financial results are to be considered or any proposal for declaration of dividends is on the agenda.

Implications for Investors

While the declaration of an interim dividend is still subject to board approval, this announcement signals the company's consideration of rewarding its shareholders. Investors should note that the actual declaration of the dividend, if approved, will be communicated after the board meeting.

The trading window closure is a standard practice to prevent insider trading and ensure fair market practices. During this period, designated persons and their immediate relatives are prohibited from trading in the company's securities.

Investors and market participants are advised to await the outcome of the board meeting for further details on the potential interim dividend and the company's financial performance for the quarter and half-year ended September 30, 2025.

Historical Stock Returns for NRB Bearings

1 Day5 Days1 Month6 Months1 Year5 Years
+0.75%+1.93%-10.01%+13.05%+3.61%+290.71%
NRB Bearings
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