NRB Bearing Limited announced the outcome of its Board Meeting held on May 7, 2026. The Board approved the audited financial results for the quarter and financial year ended March 31, 2026, both on a standalone and consolidated basis. The company declared its third interim dividend of ₹2.25 per equity share (112.5%) on shares with a face value of ₹2. The record date for this dividend is May 13, 2026, and the dividend will be paid within 30 days of declaration. Consequently, no final dividend will be recommended for FY 2025-26. Furthermore, the Board approved an investment in two companies: Mahant Tool Room Private Limited and NRB Unitech Friction Solutions Private Limited. In a significant move for expansion, the company also approved the acquisition of land for up to ₹40 crore. The Board Meeting commenced at 5:00 p.m. and concluded at 6:50 p.m. The financial results and related information will be available on the company's website, www.nrbbearings.com.
