NRB Industrial Bearings Limited has completed the dispatch of its postal ballot notice seeking shareholder approval for extending the redemption period of its preference shares. The company issued an intimation on February 25, 2026, confirming the completion of notice dispatch and publication of newspaper advertisements regarding the corporate action.

Postal Ballot Dispatch Completion

The company confirmed completion of postal ballot notice dispatch on February 24, 2026, to all shareholders holding shares as on the cut-off date of February 20, 2026. The notice was sent electronically to shareholders whose email addresses are registered with the company or depositories.

Newspaper Advertisement Publication

NRB Industrial Bearings published newspaper advertisements on February 25, 2026, in Financial Express (English) and Pratahkal (Marathi) newspapers. The advertisements informed stakeholders about the completion of postal ballot notice dispatch and provided details of the remote e-voting process.

Preference Share Extension Details

The postal ballot seeks approval to extend the tenure of 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.

E-voting Process and Timeline

The company has engaged Central Depository Services (India) Limited (CDSL) to facilitate the e-voting process. Shareholders can cast their votes through the remote e-voting facility provided by CDSL during the specified period.

Regulatory Compliance

The postal ballot process complies with Regulation 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and MCA Circular No. 03/2025. The company has appointed Mr. J.J. Gandhi as scrutinizer for conducting the postal ballot process in a fair and transparent manner.

The results will be announced within 48 working hours from the conclusion of e-voting and 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.