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एनआरबी बीयरिंग्स > कंपनी इतिहास > Bearings > कंपनी इतिहास का एनआरबी बीयरिंग्स - बीएसई: 530367, NSE: NRBBEARING

एनआरबी बीयरिंग्स

बीएसई: 530367  |  NSE: NRBBEARING  |  ISIN: INE349A01021  |  Bearings

कंपनी इतिहास - एनआरबी बीयरिंग्स
NRB Bearings Limited was set up as a joint venture with Nadella,
 France, the oldest needle bearing manufacturer in the world, for the
 manufacture of needle rollers, needle cages, needle bushes and needle
 roller bearings. The company was incorporated in Bombay on 30th June,
 1965 under the name of Needle Roller Bearing Company Private Limited.
 The Company later became a deemed public limited company under Section
 43A(1) of the Companies Act, w.e.f. 27.01.1966 and converted into full
 fledged public company vide Special Resolution passed on 10th
 December, 1994. Starting with a few sizes of needle rollers, it
 expanded its capacity to eventually manufacture a wide range of
 needle rollers, needle cages, needle bushes and needle bearings. To
 keep pace with the expanding range and quantity new plants were set
 up at Aurangabad, Maharashtra in 1980 and Waluj, Maharashtra in 1991.
  Together with the
 Thane plant they form the Needle Bearing Division (NBD) of the
 company.  
 
 In 1982, NRB Bearings expanded its product range and set up the
 General Bearing Division (GBD) at Jalna, Maharashtra for the
 manufacture of cylindrical roller bearings. Soon thernafter, it
 diversified further and commenced the manufacture of spherical roller
 bearings and ball bearings
 at Jalna. NRB has progressively expanded its capacity at Jalna to
 manufacture annually 1.0 million cylindrical roller bearings, 0.5
 million spherical roller bearings, 0.4 million needle roller
 bearings, 3.0 million ball bearings and 0.62 million taper roller
 bearings. The Hyderabad unit came into existence in April, 1991 when
 Sahney Steel and
 Press Works Ltd (SSPW) was merged with the Company. At present it
 produces stampings, needle cages, hub-pin kits and connecting rod
 kits.
 
 In view of the diversified range and types of bearings being
 manufactured, the name of the company was changed to NRB Bearings
 Limited at the Extraordinary General meeting held on 1/2/1990. The
 change in name has been approved by the Registrar of Companies,
 Maharashira vide its Certificate of Change of Name' dated 17/4/1990. 
 
 
 NRB has the widest range of bearings produced in the country and it
 caters to a diversified set of industrtal users. Bearings are high
 precision industrial components with high corrosion resistance
 properties. They are utilised for both radial as well as axial
 thrusts.
 Extensive use of bearings are made in the automobile and engineering
 industries. All machines utilise bearings for moving parts to carry
 load and reduce friction.
 
 NRB pioneered the production of needle rollers bearings in India. Its
 customers in the automobile sector include TELCO, Maruti Udyog Ltd,
 Mahindra & Mahindra, Baja Auto Ltd, LML, Hero Honda, Kinetic
 Engineering and MICO, Sona Steering and Lucas TVS in the auto
 ancillary sector. Its
 products also find applications with HMT Ltd, Lakshmi Machine Works,
 Kelvinalor, Siemens and ABB and in sectors like railways, heavy
 engineering and earth moving equipment. NRB exports its products to
 over 15 countries worldwide like Australia, Taiwan, Singapore,
 Germany and
 Italy. NRB's quality and brand name are well respected. 
 
 NRB's indigenous manufacturing capabilities are complemented by its
 Agency Division which allows the Company to offer a wider range of
 products to its customers. It was initiated in 1980 to market
 bearings,
 machine tool equipment/accessories, seals etc., for various
 industrial usages/applications including machine tools, electrical,
 automotive, power generation, heavy engineering and material handling
 equipment.  This agency acts as a key marketing intermediary for a
 number of foreign principals from UK, France, Germany and Switzerland
 such as RHP,
 Gamet, Nadella, Rollix, Rohm, IBC, Schneeberger. Kugler SA and
 Forsheda.
 
 2000 - Crisil has assigned a P1+ rating to the commercial paper
        programme of NRB Bearings.
 
 
 2003-Investment of Rs 5 million to increase its shareholding in its
 subsidiary company SNL Bearings Ltd.
 
 2004
 
 - AB Electrolux inks pact with NRB Bearings to outsource components
 
 2007
 
 - The Company has splits its face value from Rs10/- to Rs2/-.
 
 2008
 
 -The company has Declaration of final dividend @ Rs 2.40/- per equity
 share or Rs 2/- each.
 
 -NRB established a 100% subsidiary at Rayong, Thailand.
 
 2009
 
 - Inaugurated its new plant at Pantnagar in Uttarkhand.              
                                                                       
                                                                       
                                                                  
 
 -The company has declared dividend @ Rs 1.60/- per equity share of Rs
 2/- each.
 
 2010
 
 -The Bonus Issue in the ratio of 1:1 announced by the Company.
 
 -The company has declaration of dividend @ Rs. 2.00/- per equity
 share of Rs. 2/- each.
 
 - Ms. Harshbeena S Zaveri has been appointed as Managing Director and
 Mr. Trilochan Singh Sahney as Executive Chairman.
 
 2011
 
 -The company has recommended dividend @ Rs. 2.00/- per equity share
 of Rs. 2/- each payable to members as per Register of Members.(bonus
 in the ratio of 1:1)
 
 -The proposed Scheme of Amalgamation and Arrangement between
 Trilochan Sahney Finance and Holdings Private Limited and NRB
 Bearings Limited and their respective Shareholders and Creditors 
 
 2012
 
 --The company has recommended dividend @ Rs. 2.00/- per equity share
 of Rs. 2/- each payable to members as per Register of Members.(bonus
 in the ratio of 1:1)
 
 2013
 ---NRB Bearings Ltd company has recommended dividend @ Rs. 1.70/- per
 equity share of Rs. 2/- each payable to members as per Register of
 Members.
 -Nalanda India Equity Fund Ltd has submitted the reporting of
 acqusition of Shares of NRB Bearings Ltd
 
 2014
 ----NRB Bearings Ltd company has recommended dividend @ Rs. 1.10/-
 per equity share of Rs. 2/- each payable to members as per Register
 of Members.
 
 2015
 -Ujaas Energy Letter of Award received for 9MWP from Oil India
 Limited
 -Ujaas Energy receives LOA from SECI for Solar PV System
 -Ujaas Energy receives LOI for Hydroelectric Power Plant
 -Ujaas Energy  bagged another prestigious order from Sardar Sarovar
 -Ujaas bagged EPC order of 10MW Canal Bank Grid Connected Solar
 Photovoltaic Power Plant at Vadodara, Gujrat.
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `867.66 Cr की बिकवाली की
  • MARKET CUES : DIIs ने कैश में `210.72 Cr की खरीदारी की
  • MARKET CUES : FIIs ने F&O में `2533.09 Cr की खरीदारी की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `240.48 Cr की खरीदारी
  • MARKET CUES : इंडेक्स ऑप्शंस में `2705.68 की खरीदारी की
  • MARKET CUES : स्टॉक फ्यूचर्स में `354.58 Cr की बिकवाली
  • MARKET CUES : स्टॉक ऑप्शंस में `58.49 Cr की बिकवाली
  • IN F&O BAN : F&O बैन में Yes Bank शामिल
  • MS ON EMBASSY REIT : Overweight रेटिंग, लक्ष्य `437/Sh
  • MS ON BHARTI AIRTEL : Overweight रेटिंग, लक्ष्य `530/Sh

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