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NRB Industrial Bearings has announced a board meeting. The HSZ Family, previously promoters holding 0% shares, has sought reclassification as public shareholders following a family settlement that realigns control: the DSS Family now solely manages NIBL, while HSZ Family controls NRB Bearings. This settlement resolves prior disputes, with HSZ Family relinquishing management rights and shareholding in NIBL, and ceasing use of shared office premises to avoid market confusion. The registered office of the company has shifted within Mumbai to Girgaon. No financial impact or regulatory actions reported.