NRB Industrial Bearings MD, chairman, board of directors and AGM
NSE: NIBLBSE: 535458Industrial ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹30.05.
- Under NSE's long-term additional surveillance, stage I, on the list for 23 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- Next results date: the board meets on 28 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹70 Cr3,119th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Net worth zero or below
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business.
- Net worth zero or below
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 5 Aug 2026
- −25.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- Net worth zero or below
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 7,62283.7% delivered
NRB Industrial Bearings board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- M/s SRBC & CO LLPPeer-review certificate valid to Feb 2029
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
NRB Industrial Bearings AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.NRB Industrial Bearings share news and announcements
Annual general meeting, 14 Aug 2026
16,483 shareholders on the register on 7 Aug 2026; present: 3 promoters and 72 others; votes counted by J.J Gandhi / M/s J. J. Gandhi & Co..The company's voting result (opens in a new tab)
To receive, consider and adopt: a. The Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon; and b. The Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Report of the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 72.31% · promoters 90.16% · institutions 0.00% · other public 19.38%
- To appoint a Director in the place of Mr. Devesh Singh Sahney (DIN: 00003956), who retires by rotation and being eligible, has offered himself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 72.31% · promoters 90.16% · institutions 0.00% · other public 19.38%
- To approve the material related party transaction limits with NRB-IBC Bearings Private LimitedOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 4.88% · promoters 0.00% · institutions 0.00% · other public 19.38%
- To approve the material related party transaction limits with NIBL-Korta Engineering Private LimitedOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 4.88% · promoters 0.00% · institutions 0.00% · other public 19.38%
- To consider and approve a Related Party Transaction pursuant to section 188 of the Companies Act, 2013OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 4.88% · promoters 0.00% · institutions 0.00% · other public 19.38%
- To approve the revision in the remuneration of Mr. Devesh Singh Sahney (DIN 00003956) Chairman and Managing Director of the Company for the period from October 01, 2026 to September 30, 2027.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 4.88% · promoters 0.00% · institutions 0.00% · other public 19.38%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 26 Mar 2026, 1 resolution
17,110 shareholders on the register on 20 Feb 2026; votes counted by J.J Gandhi / J. J. Gandhi & Co..The company's voting result (opens in a new tab)
- To Consider Extension of Redemption Period of 2% Cumulative, Redeemable, Non‐Convertible Preference SharesSpecialPromoters have an interest in it99.94% for0.06% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 2.98% · promoters 0.00% · institutions 0.00% · other public 11.82%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 20 Aug 2025, 6 resolutions
17,093 shareholders on the register on 13 Aug 2025; present: 3 promoters and 74 others; votes counted by J. J. Gandhi / M/s J J Gandhi & Co..The company's voting result (opens in a new tab)
a) To receive, consider and adopt the audited standalone financial statements for the financial year ended March 31, 2025, and the reports of the Board of Directors and Auditors thereon. b) To receive, consider and adopt the audited consolidated financial statements for the financial year ended March 31, 2025, and the report of the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 68.13% · promoters 89.87% · institutions 0.00% · other public 10.15%
- To appoint a Director in the place of Mrs. Aarti Sahney (DIN: 08579914), who retires by rotation and being eligible, has offered herself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 68.13% · promoters 89.87% · institutions 0.00% · other public 10.15%
- Re-Appointment of Mr. Samrat Zaveri (DIN : 00374104) as an Independent Director for a second term of five consecutive yearsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 68.13% · promoters 89.87% · institutions 0.00% · other public 10.15%
- To approve and amend material related party transactions with NRB-IBC Bearings Private Limited pursuant to Section 188 of the Companies Act, 2013OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 2.77% · promoters 0.00% · institutions 0.00% · other public 10.15%
- To approve and amend material related party transactions with NIBL-Korta Engineering Private Limited pursuant to Section 188 of the Companies Act, 2013OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 2.77% · promoters 0.00% · institutions 0.00% · other public 10.15%
- To consider and approve a Related Party Transaction pursuant to section 188 of the Companies Act, 2013.OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 2.77% · promoters 0.00% · institutions 0.00% · other public 10.15%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 12 Feb 2025, 6 resolutions
16,477 shareholders on the register on 5 Feb 2025; present: 3 promoters and 49 others; votes counted by J. J. Gandhi / J. J. Gandhi & Co..The company's voting result (opens in a new tab)
- AUTHORIZATION FOR AND RATIFICATION OF THE EXECUTION OF INTER-COMPANY AGREEMENT BETWEEN THE COMPANY AND NRB BEARINGS LIMITED (NRB)OrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 50.78% · promoters 66.74% · institutions 0.00% · other public 8.19%
- AUTHORIZATION OF THE EXECUTION OF THE DEED OF RELEASE IN RELATION TO THE DHANNUR OFFICEOrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 50.78% · promoters 66.74% · institutions 0.00% · other public 8.19%
- AUTHORIZATION OF THE EXECUTION OF THE LEASE DEED IN RELATION TO FLAT NO. 10 IN SHANGRI LAOrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 50.78% · promoters 66.74% · institutions 0.00% · other public 8.19%
- TO SEEK APPROVAL UNDER SECTION 180(1)(A) OF THE COMPANIES ACT, 2013 INTER ALIA FOR CREATION OF MORTGAGE OR CHARGE ON THE ASSETS, PROPERTIES OR UNDERTAKING(S) OF THE COMPANYSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 50.78% · promoters 66.74% · institutions 0.00% · other public 8.19%
- APPROVAL FOR INCREASE IN OVERALL BORROWING LIMITS OF THE COMPANY AS PER SECTION 180 (1) (c) OF THE COMPANIES ACT, 2013:Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 50.78% · promoters 66.74% · institutions 0.00% · other public 8.19%
- TO INCREASE IN THRESHOLD OF LOANS/ GUARANTEES, PROVIDING OF SECURITIES AND MAKING OF INVESTMENTS IN SECURITIES UNDER SECTION 186 OF THE COMPANIES ACT, 2013:Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 50.89% · promoters 66.74% · institutions 0.00% · other public 8.26%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 19 Dec 2024, 1 resolution
The company's voting result (opens in a new tab)
- Appointment of Mr. Sandeep Deshpande as Independent DirectorSpecial83.55% for16.45% against
Against: promoters 16.60% · institutions 0.00% · other public 12.06%
Turnout: all 60.15% · promoters 79.79% · institutions 0.00% · other public 7.20%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 7 Aug 2024, 6 resolutions
Present: 3 promoters and 55 others.The company's voting result (opens in a new tab)
To receive, consider and adopt:na. The Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024, together with the Reports of the Board of Directors and the Auditors thereon; andnb. the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024, together with the Report of the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 50.93% · promoters 65.23% · institutions 0.00% · other public 9.30%
- To appoint a Director in the place of Mr. Devesh Singh Sahney (DIN: 00003956), who retires by rotation and being eligible, has offered himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 50.93% · promoters 65.23% · institutions 0.00% · other public 9.30%
- To approve material related party transactions with NRB-IBC Bearings Private Limited pursuant to Section 188 of the Companies Act, 2013OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 50.93% · promoters 65.23% · institutions 0.00% · other public 9.30%
- To approve material related party transactions with NIBL-Korta Engineering Private Limited pursuant to Section 188 of the Companies Act, 2013OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 50.93% · promoters 65.23% · institutions 0.00% · other public 9.30%
- To approve the remuneration of Mr. Devesh Singh Sahney (DIN 00003956) Chairman and Managing Director of the Company for further period from 1st October, 2024 to 30th September, 2027Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 50.93% · promoters 65.23% · institutions 0.00% · other public 9.30%
- To consider and approve a Related Party Transaction pursuant to section 188 of the Companies Act, 2013.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 50.93% · promoters 65.23% · institutions 0.00% · other public 9.30%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 27 Sep 2023, 1 resolution
Present: 2 promoters and 45 others.The company's voting result (opens in a new tab)
To receive, consider and adopt:na) The Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2023, together with the Reports of the Board of Directors and the Auditors thereon.nb) The Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2023, together with the Report of the Auditors thereon.MoreLess
Ordinary52.20% for47.80% againstAgainst: promoters 55.92% · institutions 0.00% · other public 0.00%
Turnout: all 25.13% · promoters 29.25% · institutions 0.00% · other public 13.75%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 8 Aug 2023, 4 resolutions
Present: 7 promoters and 56 others.The company's voting result (opens in a new tab)
To receive, consider and adopt:na) The Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2023, together with the Reports of the Board of Directors and the Auditors thereon.nb) The Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2023, together with the Report of the Auditors thereon.MoreLess
Ordinary48.65% for51.35% againstAgainst: promoters 58.88% · institutions 0.00% · other public 0.00%
Turnout: all 23.39% · promoters 27.80% · institutions 0.00% · other public 11.24%
- To appoint a Director in the place of Mrs. Aarti Devesh Sahney (DIN: 08579914), who retires by rotation and being eligible, has offered herself for re-appointment.OrdinaryPromoters have an interest in it82.88% for17.12% against
Against: promoters 21.89% · institutions 0.00% · other public 0.00%
Turnout: all 13.73% · promoters 14.63% · institutions 0.00% · other public 11.24%
- To appoint Statutory Auditor and to fix their remuneration.nOrdinary82.88% for17.12% against
Against: promoters 21.89% · institutions 0.00% · other public 0.00%
Turnout: all 13.73% · promoters 14.63% · institutions 0.00% · other public 11.24%
- To approve material related party transactions with NRB-IBC Bearings Private Limited pursuant to Section 188 of the Companies Act, 2013.OrdinaryPromoters have an interest in it48.65% for51.35% against
Against: promoters 58.88% · institutions 0.00% · other public 0.00%
Turnout: all 23.39% · promoters 27.80% · institutions 0.00% · other public 11.24%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Tax disputes
Reported in the filing for the quarter to Sep 2026.
- Tax disputeCustoms, Excise & Service Tax Appellate Tribunal, MumbaiSince 5 Jul 2021Appeal Has been filed before the CESTAT, Mumbai contesting the issue on same grounds. The principle amount has been paid. The appeal is pending for personal hearing.At the filing before: Appeal is filed before the CESTAT, Mumbai contesting the issue on same grounds. The principle amount has been paid. The appeal is pending before CESTAT, Tribunal.
- Tax disputeCustoms, Excise & Service Tax Appellate Tribunal, MumbaiSince 29 Jun 2021Appeal Has been filed before the CESTAT, Mumbai contesting the issue on same grounds. The principle amount has been paid. The appeal is pending for personal hearing.
- Tax disputeCustoms, Excise & Service Tax Appellate Tribunal, MumbaiSince 12 Mar 2021Amount of credit has been reversed, contesting for penalty and Interest before CESTAT.At the filing before: Appeal filed before the CESTAT, Mumbai.
- Tax disputeCustoms, Excise & Service Tax Appellate Tribunal, MumbaiSince 15 Dec 2020Appeal Has been filed before the CESTAT, Mumbai contesting the issue on same grounds. The appeal is pending for personal hearing.
- Tax disputeCustoms, Excise & Service Tax Appellate Tribunal, MumbaiSince 15 Dec 2020Appeal Has been filed before the CESTAT, Mumbai contesting the issue on same grounds. The appeal is pending for personal hearing.
- Tax disputeCustoms, Excise & Service Tax Appellate Tribunal, MumbaiSince 28 Jul 2021Appeal Has been filed before the CESTAT, Mumbai contesting the issue on same grounds. The appeal is pending for personal hearing.
- Tax disputeCustoms, Excise & Service Tax Appellate Tribunal, MumbaiSince 1 Feb 2021Appeal Has been filed before the CESTAT, Mumbai contesting the issue on same grounds. The appeal is pending for personal hearing.
- Tax disputeCustoms, Excise & Service Tax Appellate Tribunal, MumbaiSince 5 Jul 2021Appeal is filed before the CESTAT, Mumbai contesting the issue on fundamental right of earned credit cannot be denied. The principle amount has been paid. The appeal is pending for personal hearingAt the filing before: Appeal Has been filed before the CESTAT, Mumbai contesting the issue on same grounds. The appeal is pending for personal hearing.
10 more
- Tax disputeCustoms, Excise & Service Tax Appellate Tribunal, MumbaiSince 22 Jul 2021Appeal is filed before the CESTAT, Mumbai contesting the issue on fundamental right of earned credit cannot be denied. The principle amount has been paid. The appeal is pending for personal hearingAt the filing before: Appeal Has been filed before the CESTAT, Mumbai contesting the issue on same grounds. The appeal is pending for personal hearing.
- Tax disputeCustoms, Excise & Service Tax Appellate Tribunal, MumbaiSince 16 Dec 2020Appeal is filed before the Commissioner (Appeals), Nasik on 30.07.2025 contesting demand and waiting for hearing.At the filing before: Pending before Adjudication for Hearing and Order
- Tax disputeCustoms, Excise & Service Tax Appellate Tribunal, MumbaiSince 16 Dec 2020Appeal is filed before the Commissioner (Appeals), Nasik on 30.07.2025 contesting demand and waiting for hearing.At the filing before: Pending before Adjudication for Hearing and Order
- Tax disputeCustoms, Excise & Service Tax Appellate Tribunal, MumbaiSince 16 Dec 2020Appeal is filed before the Commissioner (Appeals), Nasik on 30.07.2025 contesting demand and waiting for hearing.At the filing before: Pending before Adjudication for Hearing and Order
- Tax disputeCustoms, Excise & Service Tax Appellate Tribunal, MumbaiSince 23 Jul 2021Appeal is filed before the Commissioner (Appeals), Nasik on 30.07.2025 contesting demand and waiting for hearing.At the filing before: Pending before Adjudication for Hearing and Order
- Tax disputeCustoms, Excise & Service Tax Appellate Tribunal, MumbaiSince 3 Aug 2021Appeal is filed before the Commissioner (Appeals), Nasik on 30.07.2025 contesting demand and waiting for hearing.At the filing before: Pending before Adjudication for Hearing and Order
- Tax disputeCommissioner of Income Tax (Appeals)Since 25 Apr 2023Rectification u/s 154 on and CIT(A) was filed. CIT(A) order is awaitedAt the filing before: Rectification u/s 154 on 09-05-2023 and CIT(A) was filed. CIT(A) order is awaited
- Tax disputeCommissioner of Income Tax (Appeals)Since 13 May 2023Rectification u/s 154 is filed and CIT(A) was filed. CIT(A) hearing notice u/s 250 is awaited.
- Tax disputeCommissioner of Income Tax (Appeals)Since 29 Jul 2023
We have filed an appeal with the learned CIT A dated 28.08.2023, against erroneous demand excluding interest raised due to mistakes apparent from record & requested to grant the stay of the erroneous demand including accrued interest until appeal before Hon. CIT A is disposed off.MoreLess
At the filing before: We have filed an appeal with the learned CIT A dated 28.08.2023, against erroneous demand excluding interest raised due to mistakes apparent from record & requested to grant the stay of the erroneous demand including accrued interest until appeal before Hon. CIT A is disposed offMoreLess
- Tax disputeAssessment Unit, Income Tax Department (National Faceless Assessment Centre)Since 20 Jun 2026
Notice u/s 143(2) of the Income Tax Act, 1961 dated 20.06.2026 (DIN: ITBA/AST/S/143(2)/2026-27/1090069349(1)) received for AY 2025-26, along with intimation u/s 144B for faceless scrutiny assessment. Copies of audited financial statements, return of income, computation of income and tax audit report are being submitted through e-Proceedings. Assessment is pendingMoreLess
At the filing before: New matter – not part of the last disclosure
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
The company's own answers in its filing.