NRBBEARINGBSENRB Bearings LtdLowNeutral
Announced Mon, 6 Jul · 21:55 IST

NRB Bearings 61st AGM on July 29 seeks approval for Rs 200 Cr loan or guarantee authority

Board & Shareholder Meetings View source PDF

NRBBEARING · price

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₹421.30
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AI summary

NRB Bearings has called its 61st AGM on July 29, 2026 at 3 PM via video conferencing. Agenda includes adopting FY26 financial statements, re-appointing Mr. Satish Rangani as director (retiring by rotation), ratifying cost auditor remuneration at Rs 1.5 lakh, and a special resolution to give loans, guarantees or security up to Rs 200 crore to subsidiaries, associates, joint ventures or group entities. Three interim dividends were paid in FY26 totalling Rs 7.95 per share.

Likely market impact

Standard AGM agenda plus a precautionary Rs 200 crore loan or guarantee cap for subsidiaries and group entities. No material impact on shareholders expected.