NRB Bearings zooms 11% after Q4 PAT grows 96% and Board declares 205% dividend
During Wednesday's closing session, the market capitalization of the small-cap company NRB Bearings reached 1,561.42 Cr.31-05-2023
31-05-2023
NRB BEARINGS LTD. - 530367 - Disclosure Of Related Party Transactions Under Regulation 23(9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, For The Half Year Ended March 31, 2023
Disclosure Of Related Party Transactions Under Regulation 23(9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, For The Half Year Ended March 31, 202330-05-2023
NRB BEARINGS LTD. - 530367 - Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
The Board has recommended the re-appointment of M/s Walker and Chandiok & Co. LLP, Chartered Accountants (Firm Registration No. 001076N/N500013) as the Statutory Auditors of the Company for second term of 5 consecutive years from the conclusion of the ensuing 58th Annual General Meeting ('AGM') of the Company until the conclusion of 63rd AGM of the Company to be held in 2028, as recommended by the Audit Committee and subject to the approval of Members of the Company. Details as required under Regulation 30 of the Listing Regulations, 2015 and the SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015 are given in Annexure B.30-05-2023
NRB BEARINGS LTD. - 530367 - Announcement under Regulation 30 (LODR)-Change in Directorate
The Board has approved the re-appointment of Ms. Vishakha R. M. (DIN No. 07108012), as a Director on the Board of the Company in the category of Non-Executive and Independent Director for a second term of 5 (five) years w.e.f. November 2, 2023, based on the recommendation of the Nomination and Remuneration Committee, subject to the approval of the same at the ensuing 58th Annual General Meeting of the Company. A brief profile of Ms. Vishakha R. M. is set out in Annexure A. Further, pursuant to the Circular dated June 20, 2018 - Enforcement of SEBI Orders regarding appointment of directors, based on the information available with us, it may be noted that Ms. Vishakha, is not debarred from holding the office of director by virtue of any SEBI order or any other such authority30-05-2023
NRB BEARINGS LTD. - 530367 - Corporate Action-Board approves Dividend
1. Approved declaration of interim dividend of Rs. 4.10/- (Rupees Four and Ten Paise Only) per equity share of Rs. 2/- each, i.e., 205% (Two Hundred and Five percent). As informed, the interim dividend shall be paid to all members whose names appear on the Register of Members as on the Record Date, i.e., June 9, 2023. The interim dividend shall be paid within 30 days of the declaration thereof as per the statutory timeline mentioned in the Companies Act, 2013. 2. Recommended Dividend of Rs. 1/- (Rupee One Only) per equity share of face value Rs. 2/- each i.e. 50% (Fifty percent), for the financial year ended March 31, 2023. The same will be paid out to the Members of the Company within 30 (thirty) days of its declaration and approval by the Members at the ensuing 58th Annual General Meeting of the Company.30-05-2023
NRB BEARINGS LTD. - 530367 - Board Meeting Outcome for Outcome Of Board Meeting - May 30, 2023
Pursuant to the provisions of Regulation 30 (read with Part A of Schedule III) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company at its meeting held today, i.e., on Tuesday, May 30, 2023, inter-alia considered the following: Approved the Audited Financial Results (Standalone and Consolidated) of the Company, for the quarter and year ended March 31, 2023, along with the Reports, as submitted by the Statutory Auditors of the Company. A copy of the same is enclosed herewith, together with a declaration duly signed by the Chief Financial Officer of the Company, stating that the Reports are with unmodified opinion.30-05-2023
NRB BEARINGS LTD. - 530367 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Pursuant to Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular CIR/CFD/CMD1/27/2019, dated February 8, 2019, we enclose herewith the Annual Secretarial Compliance Report issued by Mr. Upendra Shukla, Practising Company Secretary, for the year ended March 31, 2023.30-05-2023
NRB BEARINGS LTD. - 530367 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to Regulation 39(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has received letter through its Registrar and Share Transfer Agent (RTA) i.e. M/s. Universal Capital Securities Private Limited (100% subsidiary of Link Intime Private Limited) regarding loss of share certificate, details whereof are mentioned in attached document. Pursuant to SEBI Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated January 25, 2022, the Company/RTA shall issue ''Letter of Confirmation'' to the shareholder/rightful owner after completion of required formalities. We request you to take the above on record.25-05-2023
NRB BEARINGS LTD. - 530367 - Board Meeting Intimation for Consideration And Approval Of The Audited Financial Results Of The Company For The Quarter And Year Ended March 31, 2023, Declaration Of Interim Dividend, If Any And Recommendation Of Dividend On The Equity Shares Of The Company, If Any.
NRB BEARINGS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2023 ,inter alia, to consider and approve Pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, May 30, 2023, inter-alia to consider the following: 1. Approval of Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2023. 2. Declaration of interim dividend, if any. 3. Recommendation of dividend on the equity shares of the Company, if any, for the year ended March 31, 2023.23-05-2023