NRB Bearing Limited — Others, 07-08-2025: Change in Management
07-08-2025 | 07:18 pm
07-08-2025 | 07:18 pm
NRB Bearings has announced a board meeting. The Board approved the financial results for the quarter. A key decision includes the re-appointment of Ms. Harshbeena Zaveri as Vice Chairman & Managing Director for a further five-year term, effective October 1, 2025, pending shareholder and government approvals. The company also approved increasing its Authorized Share Capital from ₹20 Cr to ₹40 Cr, which requires shareholder consent. Additionally, internal policy documents were updated. These significant steps highlight leadership continuity and pave the way for future strategic flexibility and potential capital expansion.
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