StockWatch
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Abrasives & Bearings
Dividend4 Nov 2026, 09:11 pm

NRB Bearings declares ₹2.50 interim dividend for FY27

AI Summary

NRB Bearings Ltd announced an interim dividend of ₹2.50 per equity share (125%) for the financial year 2026-27. The dividend will be paid within 30 days of declaration. The record date for determining shareholder eligibility is November 11, 2026. The Board also approved unaudited financial results for the quarter and half-year ended September 30, 2026, along with the auditor's limited review report. Additionally, the company noted the cessation of Independent Director Rustom Desai due to tenure completion and reconstituted the Nomination and Remuneration Committee.

Key Highlights

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