NRB Bearings Ltd has announced a leadership change in its finance division, with Dhara Dhedhi appointed as Interim Chief Financial Officer following the resignation of Raman Malhotra. The transition underscores the company’s commitment to continuity in financial management while it evaluates long‑term leadership options.
According to the company’s disclosure, Raman Malhotra has stepped down as CFO, prompting the board to appoint Dhara Dhedhi in an interim capacity. NRB Bearings, a leading manufacturer of needle and roller bearings, emphasized that the move ensures stability in financial operations during the transition. Dhedhi, with prior experience in corporate finance and compliance, is expected to oversee critical functions including financial reporting, investor relations, and regulatory adherence. The company has not yet announced a permanent successor but signaled confidence in Dhedhi’s ability to maintain operational discipline.
Notable updates
• Raman Malhotra resigns as Chief Financial Officer of NRB Bearings Ltd
• Dhara Dhedhi appointed Interim CFO to ensure continuity in financial leadership
• Interim appointment effective immediately, pending decision on permanent successor
• NRB Bearings highlights focus on financial stability and compliance during transition
• Company remains a key player in India’s automotive and industrial bearings sector
Major takeaway
The leadership change at NRB Bearings reflects a pragmatic approach to succession planning. By appointing Dhara Dhedhi as Interim CFO, the company ensures financial continuity while preparing for a longer‑term leadership decision in its finance function.
Sources: Reuters, NSE Corporate Filings, Moneycontrol