NRB Industrial Bearings Promoter Increases Stake to 4.14% Through Open Market Acquisition

NRB Industrial Bearings Limited has disclosed a substantial acquisition of shares by promoter Mrs. Aarti Devesh Sahney, who increased her stake in the company through an open market transaction. The acquisition was completed on February 18, 2026, and disclosed in compliance with SEBI regulations governing substantial share acquisitions. Share Acquisition Details Mrs. Aarti Devesh Sahney acquired 48,327 equity shares of NRB Industrial Bearings Limited through open market trade. The transaction represents 0.20% of the company's total share capital and voting rights. Parameter Before Acquisition Acquisition After Acquisition Number of Shares 9,54,083 48,327 10,02,410 Percentage Holding 3.93% 0.20% 4.14% Voting Rights 3.93% 0.20% 4.14% Company Capital Structure The company's equity capital structure remained unchanged following the transaction. NRB Industrial Bearings Limited maintains a total equity capital of Rs. 4,84,61,300, divided into 2,42,30,650 equity shares with a face value of Rs. 2 each. The total diluted share capital also remains at the same level, indicating no outstanding convertible securities or warrants. Regulatory Compliance The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Company Secretary and Compliance Officer Vandana Yadav submitted the required documentation to both BSE Limited and National Stock Exchange of India Limited on February 19, 2026. Transaction Summary The acquisition was executed entirely through open market operations, with no involvement of encumbered shares, voting rights other than equity shares, or convertible instruments. Mrs. Aarti Devesh Sahney, identified as a promoter of the company, completed the transaction as part of her investment activities in the company's equity shares. Detail Information Acquirer Mrs. Aarti Devesh Sahney Promoter Status Yes Transaction Date February 18, 2026 Mode of Acquisition Open Market Trade Stock Exchanges BSE Limited, NSE Limited NRB Industrial Bearings Limited announced its unaudited financial results for the quarter ended December 31, 2025, revealing widening losses despite revenue growth. The industrial bearings manufacturer reported significantly higher losses while maintaining operational revenue expansion during the third quarter of fiscal year 2026. Financial Performance Overview The company's financial performance showed mixed results with revenue growth offset by increased losses. Key metrics demonstrate the challenges faced during the quarter: Metric Q3FY26 Q3FY25 Change (%) Revenue from Operations ₹1,862.88 lakhs ₹1,685.28 lakhs +10.53% Total Income ₹1,970.83 lakhs ₹1,740.34 lakhs +13.25% Net Loss ₹1,097.76 lakhs ₹564.87 lakhs +94.30% Loss per Share ₹4.53 ₹2.33 +94.42% Nine Months Performance For the nine months ended December 31, 2025, the company showed improved revenue performance but continued losses: Parameter 9M FY26 9M FY25 Growth (%) Revenue from Operations ₹5,504.08 lakhs ₹4,763.48 lakhs +15.54% Total Income ₹5,860.65 lakhs ₹4,878.54 lakhs +20.13% Net Loss ₹2,328.95 lakhs ₹2,119.64 lakhs +9.87% Loss per Share ₹9.61 ₹8.75 +9.83% Exceptional Items and Regulatory Impact The company recognized exceptional expenses of ₹172.75 lakhs during Q3FY26 related to the implementation of new Labour Codes. The Government of India notified four Labour Codes effective November 21, 2025, requiring companies to assess incremental obligations based on changes in wage definitions. NRB Industrial Bearings recognized these estimated obligations through actuarial valuation in accordance with Ind AS 19. Corporate Actions and Governance The Board of Directors approved several significant decisions during their meeting held on February 05, 2026: Extension of redemption period for 2% Cumulative, Redeemable, Non-Convertible Preference Shares by three years Appointment of Mr. J.J Gandhi as Scrutinizer for the postal ballot process Approval of unaudited standalone and consolidated financial results Preference Shares Extension Details The company proposed extending the redemption period for its preference shares worth ₹20,00,00,000: Tranche Amount Current Redemption Extended Redemption Tranche 1 50,00,000 shares @ ₹10 29.03.2026 28.03.2029 Tranche 2 50,00,000 shares @ ₹10 30.03.2026 29.03.2029 Tranche 3 50,00,000 shares @ ₹10 04.04.2026 03.04.2029 Tranche 4 50,00,000 shares @ ₹10 05.04.2026 04.04.2029 Financial Position and Going Concern As of December 31, 2025, the company maintained a net current liability position of ₹4,239.57 lakhs and negative net worth of ₹4,482.18 lakhs on standalone basis. The management has formulated strategic plans for improving profitability, including increased sales and reduced operating expenses. The promoter director has provided financial support commitment to meet operational and financial obligations as they arise. 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. They value time and seek high quality products & services. 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