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NRB Industrial Bearings executes loan agreement for Rs 10 crore

28 Mar 2019 Evaluate

NRB Industrial Bearings has executed a loan agreement with Devesh Singh Sahney and Aditya Birla Finance for Rs 10 crore for its working capital requirements. The tenure of the loan is 60 months with 13% of effective rate of interest.

NRB Industrial Bearings is a leading manufacturer of ball and roller bearings for the industrial market. Manufactured at its world-class facility in Shendra, Aurangabad, the company works with OEMs and end-users to increase uptime while keeping the costs down.

NRB Industrial Share Price

31.99 -0.71 (-2.17%)
11-May-2026 16:59 View Price Chart
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