StockWatch
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Abrasives & Bearings
Board Meeting4 Nov 2026, 08:43 pm

NRB Bearings declares ₹2.50 interim dividend, approves unaudited results

AI Summary

NRB Bearings Ltd announced the outcome of its Board Meeting held on November 04, 2026. The Board approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter and half-year ended September 30, 2026, along with the Limited Review Report. An interim dividend of ₹2.50 per equity share (125%) was declared, with November 11, 2026, fixed as the record date. Additionally, the Board noted the completion of tenure for Independent Director Mr. Rustom Desai and reconstituted the Nomination and Remuneration Committee. Several company policies were amended and new ones adopted, including sustainability and biodiversity policies.

Key Highlights

  • Unaudited financial results for Q2 FY27 declared.
  • Interim dividend of ₹2.50 per share declared.
  • November 11, 2026, set as record date for dividend.
  • Independent Director Rustom Desai to complete tenure.
  • Nomination and Remuneration Committee reconstituted.