NRB Industrial Bearings Promoter Acquires 10,000 Equity Shares Through Open Market Trade

Mrs. Aarti Devesh Sahney, a promoter of NRB Industrial Bearings Limited, has acquired 10,000 equity shares of the company through open market trade. The acquisition was completed on 27.02.2026 and disclosed in compliance with SEBI regulations governing substantial share acquisitions. Share Acquisition Details The transaction represents a strategic increase in Mrs. Sahney's stake in the industrial bearings manufacturer. The acquisition details are presented below: Parameter Before Acquisition Acquisition After Acquisition Shares Held 10,15,660 10,000 10,25,660 Percentage Holding 4.19% 0.04% 4.23% Mode of Acquisition - Open Market Trade - Date of Transaction - 27.02.2026 - Regulatory Compliance The disclosure was submitted under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Mrs. Sahney, residing at 13, Shangrila, 27A, Carmichael Road, Mumbai-400020, filed the necessary documentation with both BSE Limited and National Stock Exchange of India Limited where the company's shares are listed. Company Capital Structure NRB Industrial Bearings Limited maintains a stable capital structure with the following specifications: Capital Details Amount/Number Total Equity Capital Rs.4,84,61,300 Number of Equity Shares 2,42,30,650 Face Value per Share Rs. 2/- Listing Exchanges BSE Limited, NSE The company's equity capital structure remained unchanged following this acquisition, with the total diluted share capital continuing to represent 2,42,30,650 equity shares of Rs. 2/- each. Market Information NRB Industrial Bearings Limited trades on both major Indian stock exchanges with scrip code 535458 on BSE and symbol NIBL on NSE. The company is headquartered at 3rd floor, Metro House, M.G. Road, Near Dhobi Talao, Mumbai, Maharashtra, 400020. The acquisition reflects continued promoter confidence in the company's prospects, with Mrs. Sahney increasing her voting rights through this open market purchase while maintaining compliance with all regulatory disclosure requirements. NRB Industrial Bearings Limited has completed the dispatch of its postal ballot notice seeking shareholder approval for extending the redemption period of its preference shares. The company issued an intimation on February 25, 2026, confirming the completion of notice dispatch and publication of newspaper advertisements regarding the corporate action. Postal Ballot Dispatch Completion The company confirmed completion of postal ballot notice dispatch on February 24, 2026, to all shareholders holding shares as on the cut-off date of February 20, 2026. The notice was sent electronically to shareholders whose email addresses are registered with the company or depositories. Parameter: Details Dispatch Date: Tuesday, February 24, 2026 Cut-off Date: Friday, February 20, 2026 E-voting Commencement: Wednesday, February 25, 2026, 09:00 a.m. IST E-voting Conclusion: Thursday, March 26, 2026, 5:00 p.m. IST Event Number: EVSN-260217011 Newspaper Advertisement Publication NRB Industrial Bearings published newspaper advertisements on February 25, 2026, in Financial Express (English) and Pratahkal (Marathi) newspapers. The advertisements informed stakeholders about the completion of postal ballot notice dispatch and provided details of the remote e-voting process. Preference Share Extension Details The postal ballot seeks approval to extend the tenure of existing 2% Cumulative, Redeemable, Non-Convertible Preference Shares by three years from their respective redemption dates. The preference shares have a face value of ₹10 each, aggregating to ₹20,00,00,000. Tranche Details: Current Redemption Extension Period Revised Redemption 50,00,000 Shares: March 29, 2026 3 years March 28, 2029 50,00,000 Shares: March 30, 2026 3 years March 29, 2029 50,00,000 Shares: April 04, 2026 3 years April 03, 2029 50,00,000 Shares: April 05, 2026 3 years April 04, 2029 E-voting Process and Timeline The company has engaged Central Depository Services (India) Limited (CDSL) to facilitate the e-voting process. Shareholders can cast their votes through the remote e-voting facility provided by CDSL during the specified period. E-voting Schedule: Timeline Voting Period: February 25 to March 26, 2026 Daily Timing: 9:00 AM to 5:00 PM IST Results Declaration: Within 48 hours of voting conclusion Scrutinizer: Mr. J.J. Gandhi, Practising Company Secretary Regulatory Compliance The postal ballot process complies with Regulation 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and MCA Circular No. 03/2025. The company has appointed Mr. J.J. Gandhi as scrutinizer for conducting the postal ballot process in a fair and transparent manner. The results will be announced within 48 working hours from the conclusion of e-voting and communicated to BSE Limited and National Stock Exchange of India Limited. The results will also be available on the company's website and CDSL's e-voting platform. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. 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