NRB Bearings has received an approval to further issue Unsecured, Listed, Redeemable, Non-Convertible Debentures not exceeding Rs 100 crore on private placement basis. The Board of the company at their meeting held on May 21, 2018, approved the same.
NRB Bearings is a recognised leader in needle roller bearings, conventional cylindrical roller bearings and has developed a new generation of lightweight drawn cup bearings.