☰ Accessibility
Latest Updates

NRB Bearings Ltd, a leading name in the auto components industry, has announced a series of key developments, including an interim dividend declaration, top-level management changes, and a strategic acquisition aimed at expanding its business footprint.

Interim Dividend Announcement

The Board of Directors has approved an interim dividend of ₹2.50 per share (125% on the face value of ₹2).

  • Record Date: October 31, 2025
  • Dividend Payout: Within 30 days of declaration

This move reflects the company’s strong financial position and continued focus on enhancing shareholder value.

Key Management Changes

The company announced leadership updates in its compliance and legal functions:

Position Outgoing Incoming Effective Date
Company Secretary & Compliance Officer Mr. Kishor Harish Talreja Ms. Khyati Hemang Danani November 3, 2025

Mr. Talreja resigned effective October 24, citing personal reasons. The company confirmed there were no material concerns leading to his departure.

Ms. Khyati Hemang Danani, with 15+ years of experience (including over a decade in listed companies), will assume the role of Head – Legal, Company Secretary, and Compliance Officer. Her appointment was recommended by the Nomination and Remuneration Committee and approved by the Board.

Strategic Acquisition: Sahney Bearings Pvt. Ltd.

The Board also approved the acquisition of a 99% stake in Sahney Bearings Private Limited to explore new business opportunities within the auto components sector.

Key Details:

  • Seller: Mrs. Harshbeena Zaveri (Promoter)
  • Transaction Type: Related party, arm’s length basis
  • Acquisition Cost: ₹1,00,000 (₹10 per share)
  • Completion Timeline: Within 30 days

Sahney Bearings Pvt. Ltd., incorporated in June 2025, currently has no active business operations. The acquisition is expected to serve as a platform for future diversification and growth initiatives.

Outlook

These announcements underscore NRB Bearings’ commitment to corporate governance, strategic expansion, and shareholder value creation.

The company’s focus on strengthening its management structure and exploring new business avenues positions it well for sustained growth in the evolving automotive ecosystem.

Disclaimer:

This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.

Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.