MENON BEARINGS LTD.-$ - 523828 - Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. Saturday, 15Th July, 2023.
Pursuant to the provisions of Regulation 30 of the SEBI (LODR) Regulations, 2015, the Board of Directors of the Company at its meeting held today i.e. Saturday, 15th July, 2023, considered the following matters: 1. Approved the Un-Audited Standalone and Consolidated Financial Results of the Company for the quarter ended 30th June, 2023 prepared in accordance with Indian Accounting Standards (IND-AS) prescribed under the Companies (Indian Accounting Standards) Rules, 2015. 2. Declared interim dividend for the financial year 2023-24 of Rs. 2.25 per Equity Share (i.e. 225%) having face value of Re. 1/- each, the Board of Directors confirmed Monday, 24th July, 2023 as 'Record Date' for determining the eligible shareholders who will be entitled for payment of the said interim dividend. 3. approved creating of new production capacity for manufacturing of new products in Alluminuim Castings, Thrust Washers and Engine Bearings segments.15-07-2023