NRB Bearings Ltd has declared an interim dividend of ₹2.50 per equity share for FY2024-25, reflecting a payout of 125% on the face value. The announcement underscores the company’s consistent profitability and commitment to shareholder value, with payment scheduled within 30 days of the October 16 record date.
In a move that reinforces its financial strength and shareholder-friendly approach, NRB Bearings Ltd has announced an interim dividend of ₹2.50 per equity share of ₹2.00 face value, translating to a 125% payout. The decision was approved at the company’s board meeting held on October 4, 2024.
The dividend will be paid to all shareholders whose names appear on the Register of Members as of the record date—October 16, 2024. The payout is expected to be completed within 30 days of the record date, in accordance with regulatory guidelines.
NRB Bearings, a leading manufacturer of needle roller bearings and automotive components, has consistently delivered strong financial results. The interim dividend reflects the company’s robust earnings and its commitment to rewarding investors.
Key Highlights:
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Dividend Declaration: ₹2.50 per equity share of ₹2.00 face value, marking a 125% interim payout.
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Record Date: Shareholders on record as of October 16, 2024, will be eligible for the dividend.
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Payment Timeline: Dividend to be disbursed within 30 days from the record date.
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Financial Health: The payout reflects NRB Bearings’ stable earnings and strong cash flow position.
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Industry Standing: NRB remains a key player in India’s industrial and automotive bearing segment, with a market cap of ₹2,847 crore as of October 2025
This dividend announcement adds to NRB Bearings’ reputation for consistent investor returns and signals confidence in its ongoing growth trajectory.
Sources: NRB Bearings Official Release, MarketScreener INDmoney Dividend Tracker