NRB Bearing: Company informed about completion of maximum permissible tenure of Mr. Rustom Desai as Independent director…
NRB Bearing (NRBBEARING) filed a disclosure titled "Company informed about completion of maximum permissible tenure of Mr. Rustom Desai as Independent director as on January 22, 2027". The company is valued at about ₹4,515 crore.
What happened
NRB Bearing (NRBBEARING) filed a disclosure with the exchanges on 4 November 2026 at 09:13 PM titled "Company informed about completion of maximum permissible tenure of Mr. Rustom Desai as Independent director as on January 22, 2027".
Company snapshot
NRB Bearing is a small-cap company, with a market value of about ₹4,515 crore.
The stock last traded at ₹465.9, against a 52-week range of ₹212.6–₹559.9 (16.8% below the high).
Before this filing the shares had moved −14.1% over the month and +8.4% over three months. Average daily turnover over the last 20 sessions was about ₹15.47 crore.
Promoters held 44.73% at the end of Q1 FY27, down 6.47% points from the previous quarter; 14.99% of promoter shares were pledged. Foreign institutions owned 18.93% and domestic institutions 13.85%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 310 | 32.1 | 3.31 |
| 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 |
What history shows
BCEIE has no earlier management change filing from this company on record since May 2026.
Market-wide, 4,282 management change 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
- The appointment of a successor and any change in strategy or guidance.
- 4 November 2026: Board meeting — Financial Results/Dividend.
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.