NRB Industrial Bearings Limited — Important, 30-10-2024: Updates

NRB Industrial Bearings Limited has announced the non-applicability of related party transaction disclosures for the period ending September 30, 2024, due to its paid-up equity share capital being below Rs. 10 Crore and net worth below Rs. 25 Crore as of March 31, 2024. The company’s negative net worth is certified at Rs. 36.26 Crore, with a paid-up equity capital of Rs. 4.84 Crore. The relevant certification from JHS & Associates LLP is attached for reference.