NRB INDUSTRIAL BEARINGS LTD.

NRB Industrial Bearings Ltd has announced its 15th Annual General Meeting (AGM) will be held on Friday, August 14, 2026, at 2:00 PM via Video Conferencing (VC) and Other Audio-Visual Means (OAVM). The company will close its Register of Members & Share Transfer Books from August 8, 2026, to August 14, 2026, inclusive, for the AGM. The record date for remote e-voting and e-voting at the meeting is set for Friday, August 7, 2026. The Annual Report for FY 2025-26 and the AGM notice will be dispatched to shareholders shortly.

NRB Industrial Bearings Ltd has announced the closure of its trading window for dealing in equity shares. This closure is in accordance with the company's Code of Conduct for Prevention of Insider Trading and SEBI regulations. The window will be shut for Designated Persons and their Immediate Relatives from July 1, 2026, until 48 hours after the declaration of the Unaudited Financial Results for the quarter ended June 30, 2026. The specific date for the Board Meeting to approve these results will be communicated later.

NRB Industrial Bearings Limited has issued a clarification regarding a previous disclosure dated May 28, 2026. The company identified a typographical error in the revised remuneration period for its Managing Director, Mr. Devesh Singh Sahney. The original disclosure incorrectly stated the period as October 1, 2026, to September 30, 2029. The corrected disclosure confirms the revised remuneration period is from October 1, 2026, to September 30, 2027. All other details from the prior disclosure remain unchanged.

NRB Industrial Bearings Limited's Board approved issuing corporate guarantees to lenders of its associate companies, NIBL-KORTA Engineering Private Limited and NRB-IBC Bearings Private Limited. NIBL-KORTA received a "5 Crore credit facility, and NRB-IBC received an "8 Crore facility, totaling "13 Crores in guarantees. Certain promoter group members and directors have an interest due to common shareholding/directorship in the associate companies, but the guarantees were issued on an arm's length basis. The company anticipates no immediate impact on the listed entity.

The Board of Directors of the company, at its meeting held on May 28, 2026, approved a revised Nomination and Remuneration Policy. This revision ensures compliance with the applicable provisions of the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, as amended. The updated policy will be made available on the company's official website.

NRB Industrial Bearings Limited announced the re-appointment of its Internal and Secretarial Auditors for the Financial Year 2026-27. The Board of Directors, at their meeting held on May 28, 2026, approved these re-appointments based on the recommendation of the Audit Committee. M/s GSC & Co. LLP, Chartered Accountants, will continue as the Internal Auditors, and M/s JJ Gandhi & Co., Practicing Company Secretaries, will continue as the Secretarial Auditors. This ensures continuity in the company's audit and compliance functions.

NRB Industrial Bearings Limited announced the change in designation of Mrs. Vandana Yadav from "Company Secretary" to "Group Company Secretary and Group Legal Head," effective May 28, 2026. This change, approved by the Board of Directors based on the Nomination and Remuneration Committee's recommendation, is due to an expansion of her responsibilities at the group level. Her role as Key Managerial Personnel (KMP) of the company remains unchanged. Mrs. Yadav brings over 11 years of experience in Corporate Secretarial and Legal fields.

NRB Industrial Bearings Limited announced the change in designation of Mr. Vikas Mandalwar from Chief Financial Officer (CFO) to Group Chief Financial Officer (Group CFO), effective May 28, 2026. This decision was approved by the Board of Directors on May 28, 2026, following a recommendation from the Nomination and Remuneration Committee. The change reflects an expansion of his responsibilities at the group level, though his role as Key Managerial Personnel (KMP) of the company remains unchanged. Mr. Mandalwar is a Chartered Accountant with 19 years of experience, having joined the company in 2014 and significantly contributing to financial management, compliance, and strategic initiatives.

NRB Industrial Bearings Ltd. has appointed Mr. Vikas Khanna as the Chief Business Officer for its Automotive Sector, effective May 28, 2026. This appointment, approved by the Board of Directors based on the Nomination and Remuneration Committee's recommendation, is aimed at strengthening the company's strategic focus and presence in the automotive industry. Mr. Khanna brings over 30 years of professional experience from various reputed organizations, including Hero Ecotech, Tube Investments of India, and NRB Bearings Ltd., among others. He holds a Bachelor's degree in Commerce and an MBA.

The Board of Directors of NRB Industrial Bearings Limited approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. Key decisions included the appointment of Mr. Vikas Khanna as Chief Business Officer-Automotive sector, and changes in designations for the Chief Financial Officer and Company Secretary to Group roles. The board also approved the re-appointment of Mr. Devesh Singh Sahney as Executive Non-Independent Director, M/s GSC & Co. LLP as Internal Auditor, and M/s. JJ Gandhi & Co. as Secretarial Auditor for FY2026-27. M/s. SRBC & CO LLP will continue as Statutory Auditor. Other approvals included a revised Nomination and Remuneration Policy, issuance of Corporate Guarantee to associate companies, and revisions in remuneration for Ms. Mallika Sahney and Mr. Devesh Singh Sahney, subject to shareholder approval. The 15th Annual General Meeting details will be announced separately.