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Bimetal Bearings informs about cessation of independent director

23 Jul 2021 Evaluate

Pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, Bimetal Bearings has informed that the 2nd term of P.M. Venkatasubramanian (DIN: 00001579) as an Independent Director of the company came to a close as on 21st July 2021 and he is not eligible for reappointment beyond 2 terms as an Independent Director. Information as required under Regulation 30-Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is annexed.

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

Peers
Company Name CMP
Schaeffler India 3517.40
Timken India 3059.25
SKF India 1426.30
NRB Bearings 429.15
Menon Bearings 339.75
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