Agreements

October 22, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block - G, Bandra Kurla Dalal Street, Mumbai - 400 001 Complex, Bandra (East), Mumbai - 400 051 Scrip Code:530367 Symbol: NRBBEARING Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir/Mam, This is with reference to our earlier stock exchange intimation dated August 26, 2025. We wish to inform that the Board of Directors of the Company has considered and approved the following: 1. Execution of the Sale and Purchase of Shares Agreement with Apcotex Industries Limited (“AIL or Transferee 1”). Pursuant to the Board of Directors approval, the Company has executed the Sale and Purchase of Shares Agreement (“AIL SPSA”) with the AIL. Under the AIL SPSA, the Company has agreed to sell 7,20,000 (Seven Lakh Twenty Thousand) equity shares held in the Amplus Ampere Private Limited (“AAPL”), representing 1.27% of the equity share capital of the AAPL, out of the total 48,00,000 (Forty-Eight Lakh) equity shares held in the AAPL to AIL, for an aggregate consideration of ₹72,00,000/- (Indian Rupees Seventy-Two Lakh only); and 2. Execution of the Sale and Purchase of Shares Agreement with Deepak Novochem Technologies Limited (“DNTL or Transferee 2”). The Company will be executing the Sale and Purchase of Shares Agreement (“DNTL SPSA”) with DNTL. After the execution of the DNTL SPSA, the Company will sell 7,36,000 (Seven Lakh Thirty-Six Thousand) equity shares held in the Amplus Ampere Private Limited (“AAPL”), representing 1.30% of the equity share capital of the AAPL, out of the total 48,00,000 (Forty-Eight Lakh) equity shares held in the AAPL to DNTL, for an aggregate consideration of ₹73,60,000/- (Indian Rupees Seventy Three Lakhs Sixty Thousand only). The circular resolution approving the aforementioned drafts of AIL SPSA and DNTL SPSA were duly passed by the Board of Directors of the Company today, i.e., 22nd October 2026, upon receipt of the requisite majority of approvals from the Directors. The detailed disclosure in respect of the proposed aforementioned sale/transfer, as required in the format prescribed under Regulation 30 of the SEBI Listing Regulations, read with Schedule III of the SEBI Listing Regulations and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed herewith as Annexure I and Annexure II. We request you to kindly take the above information on record. Thanking you, Yours faithfully, For NRB BEARINGS LIMITED Khyati Danani Company Secretary & Compliance Officer Membership no. A21844 Encl: as above DISCLOSURES IN TERMS OF REGULATION 30 OF THE SEBI LODR REGULATIONS READ WITH SEBI CIRCULAR NO. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 DATED 30 JANUARY 2026. Annexure I – Details of AIL SPSA Sr. Particulars Details 1. Name(s) of parties with whom The Company has executed the AIL SPSA, with the agreement is entered the following parties: 1) Apcotex Industries Limited / Transferee 1; 2) AAPL; and 3) Amplus Energy Solutions Pte Ltd. 2. Purpose of entering into the Under the AIL SPSA, the Company has agreed agreement; to sell 7,20,000 (Seven Lakh Twenty Thousand) equity shares held in the AAPL, representing 1.27% of the equity share capital of AAPL, out of the total 48,00,000 (Forty-Eight Lakh) equity shares held in the AAPL to Transferee 1 / AIL, for an aggregate consideration of ₹72,00,000/- (Rupees Seventy-Two Lakh only). 3. Shareholding, if any, in the The Company does not hold any shares in entity with whom the agreement Transferee 1 / AIL and Amplus Energy Solutions is executed Pte Ltd. However, the Company holds 48,00,000 equity shares, representing 8.50% of the total equity share capital of the AAPL, out of which 7,20,000 (representing 1.27%) equity shares are proposed to be transferred to the Transferee 1 / AIL pursuant to the AIL SPSA. Upon completion of the transaction with AIL, the Company will continue to hold 7.23% of the share capital of the AAPL. 4. Significant terms of the Key terms of the SPSA: agreement (in brief) special rights like right to appoint a) The equity shares shall be transferred free directors, first right to share from encumbrances on an “as is, where is” subscription in case of issuance basis. of shares, right to restrict any b) The transfer shall not constitute a waiver, change in capital structure etc.; release or discharge of any existing rights or obligations of the AAPL towards the Company under other agreements between the parties. c) The SPSA contains customary representations, warranties, indemnities and other provisions governing the transaction. The SPSA does not provide for any special rights in favour of the Transferee, including rights to nominate or appoint directors on the Board of Directors of the Company, preferential rights to subscribe to future issuances of shares, or rights to restrict changes in the capital structure of the Company. 5. Whether, the said parties are None of the parties to the AIL SPSA has any related to promoter/promoter relationship with the promoters, promoter group group/ group companies in any or group companies of the Company. manner. If yes, nature of relationship; 6. Whether the transaction would The transaction does not fall within the purview fall within related party of related party transactions. transactions? If yes, whether the same is done at “arm’s length”; 7. In case of issuance of shares to Not applicable. the parties, details of issue price, class of shares issued; 8. Any other disclosures related to The AIL SPSA does not provide for the such agreements, viz., details of appointment of any nominee of the Transferee nominee on the board of on the Board of Directors of the Company. directors of the listed entity, Based on the terms of the AIL SPSA, no potential conflict of interest potential conflict of interest has been identified arising out of such agreements, etc.; in relation to the Company. 9. In case of termination or Not applicable. amendment of agreement, listed entity shall disclose additional details to the stock exchange(s): a) name of parties to the agreement; b) nature of the agreement; c) date of execution of the agreement; d) details of amendment and impact thereof or reasons of termination and impact thereof. Annexure II - Details of DNTL SPSA Sr. Particulars Details 1. Name(s) of parties with whom The Company will be executing the DNTL SPSA, the agreement is entered with the following parties: 1) Deepak Novochem Technologies Limited / Transferee 2; 2) AAPL; and 3) Amplus Energy Solutions Pte Ltd. 2. Purpose of entering into the After the execution of the DNTL SPSA, the agreement; Company will sell 7,36,000 (Seven Lakh Thirty- Six Thousand) equity shares held in the AAPL, representing 1.30% of the equity share capital of AAPL, out of the total 48,00,000 (Forty-Eight Lakh) equity shares held in the AAPL to Transferee 2 / DNTL, for an aggregate consideration of ₹ 73,60,000/- (Indian Rupees Seventy Three Lakhs Sixty Thousand only). 3. Shareholding, if any, in the The Company does not hold any shares in entity with whom the agreement Transferee 2 / DNTL and Amplus Energy is executed Solutions Pte Ltd. However, the Company holds 48,00,000 equity shares, representing 8.50% of the total equity share capital of the AAPL, out of which 7,36,000 (representing 1.30%) equity shares are proposed to be transferred to the Transferee 2 / DNTL pursuant to the DNTL SPSA. Upon completion of the transaction with the AIL & DNTL, the Company will continue to hold 5.93% of the share capital of the AAPL. 4. Significant terms of the Key terms of the SPSA: agreement (in brief) special rights like right to appoint a) The equity shares shall be transferred directors, first right to share free from encumbrances on an “as is, subscription in case of issuance where is” basis. of shares, right to restrict any ch [Showing first 8,000 characters — download PDF for full document]