
Dividend4 Nov 2026, 09:01 pm
NRB Bearings Declares Interim Dividend of ₹2.50 Per Share
AI Summary
NRB Bearings Ltd announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The Board of Directors approved an interim dividend of ₹2.50 per equity share (125%), with November 11, 2026, set as the record date. Additionally, the board noted the completion of Mr. Rustom Desai's tenure as Independent Director on January 22, 2027, and reconstituted the Nomination and Remuneration Committee. Several company policies were amended, and new ones were adopted, including Sustainability and Biodiversity Policies.
Key Highlights
- Unaudited financial results for Q2 FY27 declared.
- Interim dividend of ₹2.50 per share approved.
- Record date for dividend set as November 11, 2026.
- Independent Director Rustom Desai to complete tenure.
- Nomination and Remuneration Committee reconstituted.
Price Impact
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