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NRB Industrial Bearings informs about outcome of board meeting

05 Jul 2024 Evaluate

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), NRB Industrial Bearings has informed that the Board of Directors of the Company at its meeting held on July 5, 2024, has approved the following: a) To issue a guarantee to the bank in connection with various facilities availed by NRB-IBC Bearings and NIBL-Korta Engineering, the Associate Companies and b) Any other matters with the permission of the Chairman. The meeting commenced at 3:00 pm and concluded at 3.15 pm.

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


Peers
Company Name CMP
Schaeffler India 3672.15
Timken India 2890.80
SKF India 1449.40
NRB Bearings 490.65
Menon Bearings 282.45
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