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NRB Bearings announced that the Board of Directors of the Company at its meeting held on 08 February 2017, inter alia, has transacted the following:
1. Subject to consent of the Members of the Company, Board approved a further issue of Unsecured, Listed, Redeemable, Non Convertible Debentures not exceeding Rs. 100 crores on private placement basis;
2. The Board decided to consider inter-alia interim dividend for F.Y. 2016-17 and has scheduled its meeting on Monday, 13 February 2017 at 11.00 a.m..
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