Outcome of Board Meeting (Another Board Meeting on Feb 13, 2017 to consider Interim Dividend)

• Security Code: 530367
• Company: NRBBEARING

NRB Bearings Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 08, 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, February 13, 2017 at 11.00 a.m..

The trading window under SEBI(Prohibition of Insider Trading) Rules 2015 will further remain closed from February 11, 2017 till closing hours of business on February 15, 2017.

The Meeting of the Board of Directors commenced at 2.00 p.m. and concluded at 3.50 p.m.