Regulatory Disclosure Details
Acquisition Completion Details
NRB Bearings Limited's wholly owned subsidiary, Mahant Tool Room Private Limited (MTRPL), completed the acquisition of the business of M/s. Mahant Tool Room (MTR), a sole proprietorship concern, on July 17, 2026. This acquisition was previously intimated to the stock exchanges via letter dated January 27, 2026, with detailed disclosure submitted as required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
Strategic Highlights and Market Impact
The acquisition marks NRB Group's expansion into high-precision global aerospace and defence sectors, accessing an estimated $14.5 billion to $16.5 billion global aerospace ecosystem for critical components including landing gear parts, fuel injection systems, emergency doors, and plain spherical bearings.
Concurrently with the acquisition, MTRPL has been awarded the AS9100D Certification for Precision Machined Components and Bearings for Aerospace & Defence, which represents the gold standard for aviation manufacturing excellence.
This acquisition accelerates NRB's articulated roadmap to double its consolidated revenue by 2031 and follows a recently established industrial bearings and friction solutions joint venture. The company is deploying a capital-efficient 'plug-and-play' operational model that compresses time-to-market for entering high-barrier segments.
Business Integration and Capabilities
NRB will leverage its world-class R&D prowess and deep relationships with global automotive and tier 1 giants including Daimler, Audi, Magna, ZF, and prominent Indian OEMs to unlock commercial aerospace and defence opportunities. The integration creates a dual-use technological moat serving both defence requirements and commercial aerospace applications by combining MTR's specialized manufacturing of mission-critical aerospace components with NRB's advanced friction solutions.
Leadership Commentary
Harshbeena Zaveri, Vice Chairperson and Managing Director of NRB Bearings Limited, stated: "We are pleased to announce the successful completion of our acquisition of Mahant Tool Room (MTR). This marks a defining milestone in NRB Group's strategic expansion. Achieving the AS9100D certification alongside closing this acquisition is a pathbreaking milestone. It paves the way for exponential growth, allowing us to offer our range of high-performance, mission-critical precision components and aerospace bearings to the world's most demanding aerospace and defence companies. As the only Indian company offering such advanced bearings to the global aerospace industry, we are firmly on an accelerated path to unlocking long-term, sustainable value for our stakeholders."
Additional Information
A press release regarding the completion of the acquisition is enclosed as Annexure A and available on the company's website at www.nrbbearings.com. The disclosure was digitally signed by Khyati Hemang Danani, Company Secretary & Compliance Officer (Membership no. A21844) on July 17, 2026, at 09:24:02 +05'30'.