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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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
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NRB Bearings Acquires 8.5% Stake in Amplus Ampere for ₹4.8 Crore, Boosting Renewable Energy Sourcing

2 min read     Updated on 26 Aug 2025, 04:49 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

NRB Bearings has acquired an 8.5% stake in Amplus Ampere Private Limited for ₹4.80 crore, purchasing 48,00,000 equity shares at ₹10 each. This strategic move aims to source 15 MWp of solar power in Maharashtra, demonstrating NRB Bearings' commitment to sustainable energy practices. Amplus, a Special Purpose Vehicle specializing in solar power generation, will play a crucial role in NRB Bearings' renewable energy strategy. The transaction is expected to be completed within 1-2 weeks and does not require regulatory approvals.

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

NRB Bearings , a prominent player in the bearings industry, has made a strategic move into renewable energy sourcing by acquiring an 8.5% stake in Amplus Ampere Private Limited (Amplus). The acquisition, valued at ₹4.80 crore, is part of an arrangement to source 15 MWp of solar power in Maharashtra, signaling the company's commitment to sustainable energy practices.

Acquisition Details

NRB Bearings has purchased 48,00,000 equity shares of Amplus at face value, each share priced at ₹10.00. This investment represents a significant step for NRB Bearings in diversifying its energy sources and reducing its carbon footprint.

About Amplus Ampere

Amplus Ampere Private Limited, incorporated on March 26, 2021, is a Special Purpose Vehicle (SPV) floated by Amplus Energy Solutions PTE LTD. The company specializes in setting up, generating, and distributing power from solar power plants in India. Despite being a relatively new entity with no reported turnover in the past three fiscal years, Amplus is positioned to play a crucial role in NRB Bearings' renewable energy strategy.

Strategic Implications

The acquisition serves multiple purposes for NRB Bearings:

  1. Renewable Energy Sourcing: The primary objective is to secure a reliable source of solar power, with a capacity of up to 15 MWp in Maharashtra.
  2. Sustainability Initiative: This move aligns with global trends towards adopting cleaner energy sources and reducing industrial carbon footprints.
  3. Cost Management: Long-term, this investment could potentially lead to more stable and predictable energy costs for NRB Bearings' operations in Maharashtra.

Transaction Timeline

According to the company's disclosure, the transaction is subject to customary conditions precedent and is expected to be completed within a period of 1-2 weeks from the announcement date.

Regulatory Compliance

NRB Bearings has confirmed that this acquisition does not fall under related party transactions, and no governmental or regulatory approvals are required for its completion.

Market Implications

While the immediate financial impact on NRB Bearings may be limited given the size of the investment, this strategic move positions the company as a forward-thinking entity in the manufacturing sector. It demonstrates NRB Bearings' commitment to sustainable practices and could potentially enhance its appeal to environmentally conscious investors and customers.

As industries worldwide face increasing pressure to adopt green technologies and reduce their environmental impact, NRB Bearings' investment in solar power capabilities could serve as a model for other manufacturing companies looking to balance operational needs with sustainability goals.

The completion of this transaction will mark a significant milestone in NRB Bearings' journey towards a more sustainable and energy-efficient future, potentially setting a precedent for similar initiatives in the Indian manufacturing sector.

Historical Stock Returns for NRB Bearings

1 Day5 Days1 Month6 Months1 Year5 Years
+1.12%-1.77%-7.07%+22.11%-4.59%+298.73%
NRB Bearings
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