Announced Thu, 9 Jul · 16:40 IST
Corporate Governance Report Not Applicable; Net Worth Negative at Rs 51.66 Crore
Compliance View source PDF
NIBL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+4.2%1-day move
₹30.39
prior close
₹30.39
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.6+2.0+2.0+1.6+4.2+10.8+10.1+13.0+15.1+16.9————
Up moveDown movePending
AI summary
NRB Industrial Bearings informed BSE and NSE that the Corporate Governance Report is not applicable for Q1 FY27 because its paid-up equity capital (about Rs 4.85 crore) and net worth fall below SEBI thresholds for three consecutive years. As on 31 March 2026, net worth is negative Rs 51.66 crore, worsening sharply from negative Rs 19.65 crore in FY25. Accumulated retained earnings losses stand at Rs 177.57 crore.
Likely market impact
Sharp worsening negative net worth is a serious red flag, signalling ongoing financial distress. Regulatory exemption is due to weak size, not strong governance.