SNL Bearings Ltd — Others, 09-06-2025: AGM/EGM

SNL Bearings has announced a board meeting to consider the financial results for the quarter and half-year. The company’s shareholders approved a resolution to permit material related party transactions with NRB Bearings Limited up to Rs. 35 Cr during 2025-26. These transactions include purchase and sale of raw materials, components, services, and fixed assets, conducted at arm’s length and in the ordinary course of business. The Board is authorized to finalize the terms of these transactions and take all necessary steps to implement the approved resolution. This approval supports ongoing business dealings with the holding company.