NRB Bearing: Communication to shareholders - Tax Deduction on Interim Dividend payout
NRB Bearing (NRBBEARING) filed a disclosure titled "Communication to shareholders - Tax Deduction on Interim Dividend payout". The company is valued at about ₹4,695 crore.
What happened
NRB Bearing (NRBBEARING) filed a disclosure with the exchanges on 6 November 2026 at 01:20 PM titled "Communication to shareholders - Tax Deduction on Interim Dividend payout".
From the filing: "the changes introduced by the Finance Act 2020, the Dividend Distribution Tax has been abolished with effect from April 01, 2020 and the Dividend income has become taxable in the hands of the shareholders."
Company snapshot
NRB Bearing is a small-cap company, with a market value of about ₹4,695 crore.
The stock last traded at ₹484.5, against a 52-week range of ₹212.6–₹559.9 (13.5% below the high).
Before this filing the shares had moved −9.6% over the month and +5.8% over three months. Average daily turnover over the last 20 sessions was about ₹15.74 crore.
Promoters held 43.88% at the end of Q2 FY27, down 0.85% points from the previous quarter; 3.29% of promoter shares were pledged. Foreign institutions owned 18.65% and domestic institutions 14.35%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 325 | 40.6 | 4.19 |
| Q3 FY26 | 328 | 28.6 | 2.95 |
| Q4 FY26 | 372 | 41.4 | 4.27 |
| Q1 FY27 | 370 | 36.8 | 3.8 |
| Q2 FY27 | 386 | 35.4 | 3.66 |
What history shows
BCEIE's records show 2 previous dividend filings from the company since May 2026.
Market-wide, 998 dividend filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- 11 November 2026: Interim Dividend - Rs 2.50 Per Share.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.