Menon Bearings has received in-principle approval to hive off the Aluminium Division into ‘a wholly owned subsidiary company’ of the company, which shall be incorporated for this purpose. The Board of Directors of the company at their meeting held on October 24, 2018, approved the same.
Menon Bearings is an auto part manufacturing company, promoted by the Flagship of Menon Group to manufacture world class thin walled bimetallic engine Bearings, Bushes and Thrust Washers.