NRB Bearings , a prominent player in the auto components sector, has made several significant announcements that may interest investors and market watchers. The company's board has approved key decisions regarding dividend distribution, management changes, and a strategic acquisition plan.

Interim Dividend Declaration

The board of directors has approved an interim dividend of Rs 2.50 per equity share, representing a 125% payout on the face value of Rs 2 per share. This dividend will be paid to shareholders whose names appear on the company's register as of October 31. Investors can expect the dividend to be disbursed within 30 days of the declaration, in line with statutory timelines.

Management Changes

NRB Bearings has announced important changes in its key management personnel:

Mr. Talreja has resigned from his position effective October 24, citing personal reasons. The company has confirmed that there are no material reasons for his resignation other than those mentioned in his letter.

Ms. Khyati Hemang Danani will take over as the new Head - Legal, Company Secretary and Compliance Officer. With over 15 years of experience, including 11 years in reputed listed companies, Ms. Danani brings expertise in corporate secretarial functions, compliance, and legal advisory. Her appointment has been recommended by the Nomination and Remuneration Committee and approved by the Board of Directors.

Strategic Acquisition Plan

In a move aimed at exploring business expansion opportunities, NRB Bearings has received board approval to acquire a minimum 99% stake in Sahney Bearings Private Limited. Key details of the acquisition include:

Sahney Bearings Private Limited is a recently incorporated entity (June) with no current business operations. This acquisition is intended to facilitate NRB Bearings' exploration of new business opportunities within the auto components sector.

The company has emphasized that the transaction will be carried out on an arm's length basis and is subject to approval from the audit committee.

These developments showcase NRB Bearings' commitment to shareholder returns, corporate governance, and strategic growth initiatives. Investors and market analysts will likely keep a close watch on how these changes may impact the company's future performance and market position in the auto components industry.

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:

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:

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.