NRB Industrial Bearings Limited has issued a postal ballot notice seeking shareholder approval for extending the redemption period of its preference shares. The company has engaged Central Depository Services (India) Limited (CDSL) to facilitate the e-voting process for this corporate action.

Postal Ballot Details

NRB Industrial Bearings Limited issued the postal ballot notice dated February 05, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice has been dispatched electronically to all eligible shareholders whose email addresses are registered with the company.

Preference Share Extension Proposal

The company seeks approval to extend the tenure of its existing 2% Cumulative, Redeemable, Non-Convertible Preference Shares by three years from their respective redemption dates. The preference shares have a face value of ₹10 each, aggregating to ₹20,00,00,000.

Corporate Governance and Compliance

The postal ballot notice complies with MCA Circular No. 03/2025 dated September 22, 2025, and other applicable regulations. Physical copies of the postal ballot forms are not being dispatched, with the entire process conducted electronically.

The company has appointed Mr. J.J. Gandhi, Proprietor of J.J. Gandhi & Co., Practising Company Secretaries, as the scrutinizer for conducting the postal ballot process. The scrutinizer will prepare a report after the conclusion of the voting period and submit it to the company's management.

Rationale for Extension

According to the explanatory statement, the company originally issued these preference shares pursuant to board resolutions passed between March 30, 2016, and April 06, 2016. The extension is proposed considering the company's present and anticipated financial requirements and to maintain an optimal capital structure.

The preference shareholders have already conveyed their consent for the three-year extension. All other terms and conditions of the preference shares will remain unchanged except for the redemption period extension.

Voting Process and Results

Shareholders can cast their votes through the remote e-voting facility provided by CDSL. The voting rights will be calculated in proportion to shareholders' paid-up equity share capital as on the cut-off date of February 20, 2026.

The results will be announced within 48 working hours from the conclusion of e-voting and will be communicated to BSE Limited and National Stock Exchange of India Limited. The results will also be available on the company's website and CDSL's e-voting platform.

NRB Industrial Bearings Limited has disclosed a substantial acquisition of shares by promoter Mrs. Aarti Devesh Sahney, who increased her stake in the company through an open market transaction. The acquisition was completed on February 18, 2026, and disclosed in compliance with SEBI regulations governing substantial share acquisitions.

Share Acquisition Details

Mrs. Aarti Devesh Sahney acquired 48,327 equity shares of NRB Industrial Bearings Limited through open market trade. The transaction represents 0.20% of the company's total share capital and voting rights.

Company Capital Structure

The company's equity capital structure remained unchanged following the transaction. NRB Industrial Bearings Limited maintains a total equity capital of Rs. 4,84,61,300, divided into 2,42,30,650 equity shares with a face value of Rs. 2 each. The total diluted share capital also remains at the same level, indicating no outstanding convertible securities or warrants.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Company Secretary and Compliance Officer Vandana Yadav submitted the required documentation to both BSE Limited and National Stock Exchange of India Limited on February 19, 2026.

Transaction Summary

The acquisition was executed entirely through open market operations, with no involvement of encumbered shares, voting rights other than equity shares, or convertible instruments. Mrs. Aarti Devesh Sahney, identified as a promoter of the company, completed the transaction as part of her investment activities in the company's equity shares.