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NRB Bearings informs about board meeting

11 May 2016 Evaluate

With reference to the earlier letter dated May 04, 2016, regarding the Board meeting to be held on May 24, 2016, NRB Bearings has now informed that the Board shall also consider Issue of second tranche of listed unsecured Non Convertible Bonds/Debentures not exceeding Rs 20 crores on private placement basis. The same has been approved by the shareholders of the Company on July 03, 2015 through postal ballot.

The above information is a part of company’s filings submitted to BSE. 

Peers
Company Name CMP
Schaeffler India 3672.15
Timken India 2890.80
SKF India 1449.40
NRB Bearings 490.65
Menon Bearings 282.45
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