NRB Industrial Bearings has informed that the meeting of the Board of Directors of the Company is scheduled on 31/10/2018, to consider and approve Notice is hereby given pursuant to Regulation 29 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 that the Board of Directors in its meeting scheduled on 31st October, 2018 is going to consider the following: Proposal for Increase in Authorized Capital and Amendment of Memorandum of Association, Proposal for issue and offer of Redeemable Cumulative Non-Convertible Preference shares on Private Placement to Mr. Devesh Singh Sahney, Managing Director, Obtain approval to conduct a Postal Ballot and issue of Postal Ballot Notice.
The above information is a part of company’s filings submitted to BSE.
