NRB Industrial Bearings: Appointment of Ravi Shankar as Head- Manufacturing of the Company
NRB Industrial Bearings (NIBL) filed a disclosure titled "Appointment of Ravi Shankar as Head- Manufacturing of the Company". The company is valued at about ₹69.64 crore.
What happened
NRB Industrial Bearings (NIBL) filed a disclosure with the exchanges on 28 October 2026 at 01:27 PM titled "Appointment of Ravi Shankar as Head- Manufacturing of the Company".
Company snapshot
NRB Industrial Bearings is a micro-cap company, with a market value of about ₹69.64 crore.
The stock last traded at ₹28.74, against a 52-week range of ₹25.3–₹40.8 (29.6% below the high).
Before this filing the shares had moved −14.3% over the month and −22.1% over three months. Average daily turnover over the last 20 sessions was about ₹0.02 crore.
Promoters held 74.79% at the end of Q1 FY27.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 19 | -5.1 | -2.1 |
| Q2 FY26 | 18 | -6.7 | -2.78 |
| Q3 FY26 | 19 | -10.9 | -4.49 |
| Q4 FY26 | 21 | -6.7 | -2.78 |
| Q1 FY27 | 19 | -6.6 | -2.72 |
What history shows
BCEIE's records show 8 previous management change filings from the company since May 2026.
After those filings, the stock gained 1.5% on average the next trading day and was down 1.6% on average after five days (7 filings with price data).
Market-wide, 4,004 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.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 10 Sept 2026 | Resignation of Director/KMP/SMP | +8.6% | +0.2% |
| 10 Sept 2026 | Resignation of Senior Management Personnel | +8.6% | +0.2% |
| 20 Aug 2026 | Resignation of Director/KMP/SMP | −0.5% | −2.1% |
| 20 Aug 2026 | Intimation On Resignation Of Senior Management Personnel | −0.5% | −2.1% |
| 28 May 2026 | Management change | −1.5% | −2.9% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 28 October 2026: Board meeting — Financial Results.
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.