NRB Bearing Limited has informed the Exchange about General Updates
NRBBEARING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NRB Bearings announced a sharp drop in promoter-pledged shares from 31.64% to 11.42%, after Managing Director Harshbeena Zaveri freed 19.6 million shares via a block deal that also reduced promoter-level debt. New reputed institutional investors like Arohi Capital, PGIM, Alchemy, and Arcadian have entered the shareholder base through this transaction. The company shared strong FY26 numbers with 11% revenue growth and a healthy 19.5% EBITDA margin, supporting aggressive capacity expansion. Growth plans target EV-agnostic auto products, scaling the industrial segment to 25% of revenue by 2031 (currently 12-14%) via JVs and acquisitions in aerospace, defense, and data centers, and a Make-in-USA push with international sales already at 20-25% of revenue.
Significantly positive for shareholders - the big drop in pledged shares reduces a key risk overhang on the stock and signals promoter confidence, while strong FY26 results and clear expansion plans support the investment case.