NRB Industrial Bearings Limited Corrects Remuneration Period for Managing Director Devesh Singh Sahney
NRB Industrial Bearings Limited has issued a correction regarding the period of revised remuneration for its Managing Director, Mr. Devesh Singh Sahney, concerning details previously shared following a Board meeting.The company clarified that an inadvertent typographical error was present in the earlier disclosure dated May 28, 2026, which pertained to the outcome of the Board of Directors' meeting.
The correction pertains specifically to the tenure of the Managing Director’s revised remuneration. The period previously stated as October 1, 2026 to September 30, 2029 is incorrect. The precise and correct period for Mr. Devesh Singh Sahney’s revised remuneration is October 1, 2026 to September 30, 2027.
NRB Industrial Bearings Limited confirmed that all other details contained in the original disclosure dated May 28, 2026, remain unchanged.
NIBL Stock Price Movement
Shares of NRB Industrial Bearings Limited are edging up to ₹30.51 as of 1:20 PM today, gaining 0.13% in live trading. The stock has seen a volume of 3,503 shares during the ongoing session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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