NRB BEARINGS LTD. - 530367 - Reg.24(A)-Annual Secretarial Compliance
Annual Secretarial Compliance Report Sr. No. Particulars Details 1Period for which the report has been issued 31/03/2019 2Date of Report29/05/2019 3 Name of the Certifying Firm Upendra C Shukla 4 Name of the Certifying Individual Upendra Shukla 5Membership TypeFCS 6 Membership Number 2727 7 CP No. 1654 8 Whether any observations/qualification reported by the Secretarial Auditor ? NO NRB BEARINGS LTD. - 530367 - Corporate Action-Board approves Dividend
The Board of Directors of the Company at its meeting held today, i.e. on Wednesday, May 29, 2019, inter-alia, considered and; 1. Recommended Final Dividend of Rs. 2.60/- (Two Rupees and Sixty Paisa only) i.e. 130% (One Hundred and Thirty percent) per equity share of Rs. 2/- each fully paid up, for the financial year ended March 31, 2019, subject to the approval of the members at the ensuing Annual General Meeting, which will be paid/ dispatched to the members within 30 days of its declaration thereat. Request you to kindly take the above on record and acknowledge receipt. NRB BEARINGS LTD. - 530367 - Outcome of Board Meeting
The Board of Directors of the Company at its meeting held today, i.e. on Wednesday, May 29, 2019, inter-alia, considered and; 1. Approved the Audited Financial Results (Standalone and Consolidated) of the Company, for the quarter and year ended March 31, 2019 2. Approved the Audited Financial Statements (Standalone and Consolidated) of the Company, for the year ended March 31, 2019. 3. Recommended Final Dividend of Rs. 2.60/- (Two Rupees and Sixty Paisa only) i.e. 130% (One Hundred and Thirty percent) per equity share of Rs. 2/- each fully paid up, for the financial year ended March 31, 2019, subject to the approval of the members. 4. Recommended the appointment of the Mr. Tashwinder Singh, Independent director. 5. Recommended the appointment of Ms. Vishakha R.M., as Director (Independent) 6.Recommended the appointment of Mr. Satish Rangani, as Director (Executive) liable to retire by rotation NRB Bearings Ltd - 530367 - Format of Initial Disclosure to be made by an entity identified as a Large Corporate
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompayNRB BEARINGS LTD. 2CINL29130MH1965PLC013251 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 258.75 4Highest Credit Rating during the previous FY AA-Positive 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CRISIL LTD. 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: ShrutiJoshi Designation: CompanySecretaryandComplianceOfficer EmailId: Shruti.joshi@nrb.co.in Name of the Chief Financial Officer: Tanushree Bagrodia Designation: Chief Financial Officer EmailId: tanushree.bagrodia@nrb.co.in Date: 25/05/2019 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. NRB Bearings Ltd - 530367 - Board Meeting Intimation for To Consider And Approve The Audited Financial Results For The Quarter And Year Ended March 31, 2019 And To Recommend Dividend On The Equity Shares Of The Company, If Any, For The Financial Year Ended March 31, 2019.
NRB BEARINGS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2019 ,inter alia, to consider and approve 1) the Audited financial results for the quarter and year ended March 31, 2019 and 2) to recommend dividend on the equity shares of the Company, if any, for the financial year ended March 31, 2019. Further to our intimation dated April 04, 2019 to the Exchange and pursuant to the code of Internal Procedures and Conduct for Regulating, Monitoring and Reporting Trading by Insiders and the SEBI (Prohibition of Insider Trading) Rules 2015 the trading window for dealing in securities of the Company shall remain closed till May 31, 2019 [i.e, until 48 hours after the declaration of financial results by the Company for the quarter and year ended March 31, 2019) and shall re-open on Saturday, June 1, 2019. We request you to kindly take the above on record. NRB BEARINGS LTD. - 530367 - Compliances-Certificate under Reg. 54 (5) of SEBI (DP) Regulations, 1996
Pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, we enclosing herewith certificate from the Universal Capital Securities Private Limited, Registrar and Share Transfer Agent of the Company, for the quarter ended 31st March, 2019. We request you to kindly take the above on record. NRB BEARINGS LTD. - 530367 - Disclosure of Voting results of Postal Ballot (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
NRB Bearings Ltd has informed BSE regarding the details of Voting results of Postal Ballot, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here NRB Bearings Ltd - 530367 - Compliance Under SEBI Circular No.-SEBII HOI DDHSI CIRI PI 2018/144 Dated November 26, 2018
Pursuant to SEBI"Circular No.-SEBI/ HO/ DDHS/ CIR/ P/2018/144 dated November 26, 2018, and BSECircular No. LIST/CaMP/05/2019-20 dated April 11, 2019 and NSECircular, we would like to confirm that NRB Bearings Limited does not fulfill the criteria specified in Para 2.2 of the above mentioned SEBI Circular and hence does not fall in the category of "Large Corporate" and cannot be considered as a Large Corporate as defined under the said Circular. We request you to kindly take the above on record. NRB Bearings Ltd - 530367 - Shareholder Meeting/ Postal Ballot - Announcement Of Voting Results In Respect Of The Postal Ballot And Scrutinizer'S Report
The Company was in the process of seeking approval of the shareholders by way of Postal Ballot including remote e-voting in respect of the following resolutions to be passed as Special Resolutions set out in the Postal Ballot Notice dated February 4, 2019. The voting by Postal Ballot including remote e-voting commenced on March 27, 2019 and concluded on April 25, 2019. The Company had appointed Mr. U C Shukla, Practicing Company Secretary (Membership No. FCS -2727), as the Scrutinizer for conducting the Postal Ballot and remote e-voting process in the fair and transparent manner. The Scrutinizer has submitted his Consolidated Report dated April 26, 2019 on the results of the Postal Ballot. In accordance with the said Report, the result of the Postal Ballot including remote e- voting was declared by the Chairman today i.e. April 26, 2019. As per the Report, the Resolutions have been passed with the requisite majority.