NRB Industrial Bearings Promoter Acquires 10,000 Equity Shares Through Open Market Trade

1 min read     Updated on 02 Mar 2026, 10:38 AM
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Overview

Mrs. Aarti Devesh Sahney, promoter of NRB Industrial Bearings Limited, acquired 10,000 equity shares through open market trade on 27.02.2026, increasing her shareholding from 4.19% to 4.23%. The transaction was disclosed under SEBI regulations, with the company's total equity capital remaining at Rs.4,84,61,300 comprising 2,42,30,650 shares of Rs. 2/- each.

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Mrs. Aarti Devesh Sahney, a promoter of NRB Industrial Bearings Limited, has acquired 10,000 equity shares of the company through open market trade. The acquisition was completed on 27.02.2026 and disclosed in compliance with SEBI regulations governing substantial share acquisitions.

Share Acquisition Details

The transaction represents a strategic increase in Mrs. Sahney's stake in the industrial bearings manufacturer. The acquisition details are presented below:

Parameter Before Acquisition Acquisition After Acquisition
Shares Held 10,15,660 10,000 10,25,660
Percentage Holding 4.19% 0.04% 4.23%
Mode of Acquisition - Open Market Trade -
Date of Transaction - 27.02.2026 -

Regulatory Compliance

The disclosure was submitted under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Mrs. Sahney, residing at 13, Shangrila, 27A, Carmichael Road, Mumbai-400020, filed the necessary documentation with both BSE Limited and National Stock Exchange of India Limited where the company's shares are listed.

Company Capital Structure

NRB Industrial Bearings Limited maintains a stable capital structure with the following specifications:

Capital Details Amount/Number
Total Equity Capital Rs.4,84,61,300
Number of Equity Shares 2,42,30,650
Face Value per Share Rs. 2/-
Listing Exchanges BSE Limited, NSE

The company's equity capital structure remained unchanged following this acquisition, with the total diluted share capital continuing to represent 2,42,30,650 equity shares of Rs. 2/- each.

Market Information

NRB Industrial Bearings Limited trades on both major Indian stock exchanges with scrip code 535458 on BSE and symbol NIBL on NSE. The company is headquartered at 3rd floor, Metro House, M.G. Road, Near Dhobi Talao, Mumbai, Maharashtra, 400020.

The acquisition reflects continued promoter confidence in the company's prospects, with Mrs. Sahney increasing her voting rights through this open market purchase while maintaining compliance with all regulatory disclosure requirements.

Historical Stock Returns for NRB Industrial Bearings

1 Day5 Days1 Month6 Months1 Year5 Years
-0.61%-1.08%+1.40%+20.89%+32.03%+234.19%
NRB Industrial Bearings
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NRB Industrial Bearings Completes Postal Ballot Notice Dispatch for Share Extension

2 min read     Updated on 24 Feb 2026, 02:26 PM
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Overview

NRB Industrial Bearings Limited has successfully completed the dispatch of its postal ballot notice and published newspaper advertisements regarding the preference share redemption extension proposal. The company seeks shareholder approval to extend the redemption period of its ₹20 crore preference shares by three years, with e-voting facilitated by CDSL from February 25 to March 26, 2026.

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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.

Parameter: Details
Dispatch Date: Tuesday, February 24, 2026
Cut-off Date: Friday, February 20, 2026
E-voting Commencement: Wednesday, February 25, 2026, 09:00 a.m. IST
E-voting Conclusion: Thursday, March 26, 2026, 5:00 p.m. IST
Event Number: EVSN-260217011

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.

Tranche Details: Current Redemption Extension Period Revised Redemption
50,00,000 Shares: March 29, 2026 3 years March 28, 2029
50,00,000 Shares: March 30, 2026 3 years March 29, 2029
50,00,000 Shares: April 04, 2026 3 years April 03, 2029
50,00,000 Shares: April 05, 2026 3 years April 04, 2029

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.

E-voting Schedule: Timeline
Voting Period: February 25 to March 26, 2026
Daily Timing: 9:00 AM to 5:00 PM IST
Results Declaration: Within 48 hours of voting conclusion
Scrutinizer: Mr. J.J. Gandhi, Practising Company Secretary

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.

Historical Stock Returns for NRB Industrial Bearings

1 Day5 Days1 Month6 Months1 Year5 Years
-0.61%-1.08%+1.40%+20.89%+32.03%+234.19%
NRB Industrial Bearings
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View All News
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1 Year Returns:+32.03%