Corporate Announcement
Security Code : 530367    Company : NRBBEARING    
 
Outcome of Board Meeting 
  Exchange Disseminated Time     
NRB Bearings Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 17, 2012, inter alia, has approved the Allotment of 3,77,55,640 equity shares of Rs. 2/- each to the shareholders Trilochan Investments Co. Pvt. Ltd. (TICPL) (formerly known as Trilochan Sahney Finance & Holdings Pvt. Ltd.) pursuant to the Scheme of Amalgamation between TICPL and NRB Bearings Ltd. and their respective shareholders and creditors which was approved by the High Court of Bombay on January 30, 2012. The shares have been issued to the Trustees viz., Trilochan Singh Sahney and Hanwantbir Kaur Sahney of the Trilochan Singh Sahney Trust No.1.
 

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