Menon Bearings Share Price

Menon Bearings

CMP as on 07-Aug-20 15:46

₹ 39.10
-0.90 -2.25%

Open

₹ 40.20

Turnover (lac)

₹ 16

Prev. Close

₹ 40.00

Day's Vol (shares)

₹ 40,031

Day's Range (₹)

₹ 38.80
₹ 40.70

CMP as on07-Aug-20 15:15

₹ 39.00
-1 -2.5%

Open

₹ 39.85

Turnover (lac)

Prev. Close

₹ 40.00

Day's Vol (shares)

₹ 1,640

Day's Range

₹ 38.95
₹ 40.25

Incorporated as a public limited company on 4 Jul.91, Menon Bearings (MBL) commenced business on 23 Sep.91. Promoted by Menon Pistons, MBL manufactures thin-walled engine bearings, bushings and thrust washers. It came out with a public issue in Jan.93 to part-finance its Rs 8.17-cr project to manufacture the above items and to meet long-term working capital requirements. The plant is located at MIDC, Kolhapur. MBL has a technical agreement with King, Israel, which provides technical know-how for design, manufacture and commissioning. MPL supplies to OEMs like Telco, Maruti Udyog, Mahindra & Mahindra, Kirloskar Cummins, Greaves, Eicher, etc. It currently exports to UK, Egypt, Spain, Israel and USA. MBL has undertaken an expansion programme to manufacture babbit strips. During 1996, the company was awarded ISO 9002 certificate. The manufacturing capacity of Bushes was increased from 2700000 to 3600000 nos per annum and Thrust Washers from 565000 to 1400000 nos per annum. A new rolling process for manufacture of flanged bearings was designed and introduced successfully by the company during 2000-2001.

  • Chairman & Managing Director

    R D Dixit
  • Vice Chairman & Joint M.D.

    Nitin Menon
  • Independent Director

    M L Shinde
  • Independent Director

    GAJENDRA THAKARSHI VASA
  • Independent Director

    Kailash A Nevagi
  • Whole-time Director

    Arun Aradhye
  • Company Secretary

    Suraj Patil
  • Independent Director

    Santosh Prabhu

Registered Office

G-I MIDC,
Gokul-Shrigaon,Kolhapur,
Maharashtra-416234

REGISTRAR OFFICE

C-101 247 Park,
Vikhroli West,Mumbai-400083
INDIA