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Board of NRB Bearings allots 1.50 cr cumulative redeemable non-convertible preference shares

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Capital Market
Last Updated : Jan 01 2020 | 10:16 AM IST

At meeting held on 31 December 2019

The Board of NRB Bearings has approved the allotment of 1.50 crore cumulative redeemable non-convertible preference shares of Rs 10 each amounting to Rs 15 crore on private placement basis to Devesh Singh Sahney, chairman, managing director and promoter of the company.

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First Published: Jan 01 2020 | 9:57 AM IST

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