The EGM of the Company is scheduled to be held on Monday, 02nd March, 2026 at 11:30 A.M. through physical means
Awaiting price reaction for this filing.
Rushabh Precision Bearings Limited has called an EGM on Monday, 02 March 2026 at 11:30 AM, to be held physically at Fort, Mumbai, under shorter notice with 95% member consent. The meeting has two agenda items: regularization of Ms. Namrata Sharma (DIN: 10204473) and Mr. Robert Jonathan Moses (DIN: 07134423) as Non-Executive Independent Directors for a 5-year term (03 December 2025 to 02 December 2030). Both were earlier appointed as Additional Directors by the Board on 03 December 2025 and now need shareholder approval via special resolutions. The cut-off date to be eligible to vote is 27 February 2026, and voting will be through ballot paper only (no e-voting). The company notes that it had earlier undergone the Corporate Insolvency Resolution Process (CIRP) under the IBC, with its resolution plan approved by NCLT Mumbai on 20 October 2023, and that shareholding is still being restructured/updating with depositories after the approved plan cancelled earlier equity and issued new shares.
This is a routine governance EGM focused on confirming two independent directors already on the Board. No financial, capital, or operational action is on the table, so the direct stock-price impact is expected to be limited. Investors should note the underlying context: the company emerged from insolvency in 2023 and is still updating its shareholding records, which is why e-voting is unavailable for this meeting.