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NRB Industrial Bearings Ltd.

BSE: 535458 Sector: Engineering
NSE: NIBL ISIN Code: INE047O01014
BSE 14:35 | 17 Jan 29.40 0.70
(2.44%)
OPEN

28.75

HIGH

29.40

LOW

28.75

NSE 15:16 | 17 Jan 29.30 0.45
(1.56%)
OPEN

28.90

HIGH

29.40

LOW

28.90

OPEN 28.75
PREVIOUS CLOSE 28.70
VOLUME 583
52-Week high 45.00
52-Week low 28.05
P/E
Mkt Cap.(Rs cr) 71
Buy Price 29.00
Buy Qty 100.00
Sell Price 29.40
Sell Qty 150.00
OPEN 28.75
CLOSE 28.70
VOLUME 583
52-Week high 45.00
52-Week low 28.05
P/E
Mkt Cap.(Rs cr) 71
Buy Price 29.00
Buy Qty 100.00
Sell Price 29.40
Sell Qty 150.00

NRB Industrial Bearings Ltd. (NIBL) - Company History

The Company was incorporated on 24th February 2011 under the Companies Act 1956 in the name and style NRB Industrial Bearings Private Limited. Subsequently the Company was converted into a Public Limited Company and a fresh Certificate of Incorporation dated 17th November 2011 was obtained from the Registrar of Companies Maharashtra Mumbai. Accordingly the name of the Company was changed to NRB Industrial Bearings Limited.Pursuant to the Scheme of Arrangement between NRB Bearings Limited and the Company as approved by the Hon'ble High Court of Judicature at Bombay vide its order dated 24th August 2012 the industrial bearings business of NRB Bearings Limited including the agency business was vested with the Company. The resulting company was incorporated with the primary objective of taking over of `industrial bearings business' of the demerged company under the scheme on `going concern basis'.