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NRB Bearings informs about change in directorate

03 Jun 2021 Evaluate
NRB Bearings has informed that the Board of Directors of the Company at its meeting held today, on Wednesday, June 2, 2021, considered and approved the re-appointment of Rustom Desai (DIN - 02448175), as Independent Director of the Company, based upon the recommendation of the Nomination and Remuneration Committee, for the second term of 5 consecutive years commencing from January 23, 2022, as prescribed under section 149 of the Companies Act 2013, subject to the approval of the members at the forthcoming annual general meeting.

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

Peers
Company Name CMP
Schaeffler India 4005.30
Timken India 3205.30
SKF India 1538.30
NRB Bearings 534.75
Menon Bearings 295.50
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