AGM Details

  • Meeting Date: Wednesday, July 29, 2026
  • Time: 3:00 P.M. (IST)
  • Mode: Video Conference/Other Audio-Visual Means (VC/OAVM)
  • Cut-off Date: Friday, July 24, 2026 (for determining members entitled to vote)

Business to be Transacted

Ordinary Business

1. To receive, consider and adopt the Audited Standalone Financial Statements and Audited Consolidated Financial Statements for the financial year ended March 31, 2026, together with reports of the Board of Directors and Auditors.

2. To appoint a director in place of Mr. Satish Rangani (DIN 00209069) who retires by rotation and being eligible has offered himself for re-appointment.

Special Business

3. Ratification of Cost Auditor Remuneration: Ordinary Resolution to ratify remuneration of ₹1,50,000/- (Rupees One Lakh Fifty Thousand only) plus applicable taxes and out-of-pocket expenses payable to M/s R. Nanabhoy and Co., Cost Accountants (Firm Registration No. 7464) for conducting audit of cost records for FY 2026-27.

4. Approval for Loans/Guarantees/Security: Special Resolution to approve giving loan(s) including loan represented by book debt, and/or giving guarantee(s), and/or providing security(ies) to subsidiaries, associates, joint ventures, or group entities up to an aggregate amount not exceeding ₹200,00,00,000 (Rupees Two Hundred Crores Only).

Dividend Information

The Board declared three interim dividends for FY 2025-26:

  • First interim dividend: ₹2.50 per equity share (125%) declared on October 24, 2025
  • Second interim dividend: ₹3.20 per equity share (160%) declared on February 9, 2026
  • Third interim dividend: ₹2.25 per equity share (112.5%) declared on May 7, 2026

Director Information for Re-appointment

  • Name: Mr. Satish Rangani
  • DIN: 00209069
  • Date of Birth: November 13, 1948
  • Date of Appointment: July 24, 2013
  • Shareholding: 9,000 equity shares as on March 31, 2026
  • Qualifications: Qualified Company Secretary (ICSI), Masters in Management Studies from Jamnalal Bajaj Institute, B.Com from University of Mumbai
  • Board Meeting Attendance: 8 out of 8 meetings in FY 2025-26
  • Other Directorships: SNL Bearings Limited, NRB Bearings Thailand Limited

Voting Procedures

  • Remote e-voting Period: Sunday, July 26, 2026 (9:00 am) to Tuesday, July 28, 2026 (5:00 pm)
  • E-voting Service Provider: Central Depository Services (India) Limited (CDSL)
  • Scrutiniser: M/s. Upendra Shukla & Associates, practicing Company Secretaries (FRN: S2024MH963100)
  • Result Declaration: Within two working days of conclusion of AGM

Additional Information

  • The AGM is being held through VC facility without physical presence of shareholders
  • Physical attendance and proxy appointments are not available
  • The Notice and Annual Report are being sent electronically to registered email addresses
  • Members can request hard copies by emailing 61stagm@nrb.co.in
  • Register of Directors and other documents available for electronic inspection