Menon Bearings Board Recommends 25% Dividend

The board of directors of Menon Bearings (Q, N,C,F)* recommended dividend of 25%.

Menon Bearings manufactures a whole range of bearings, bushes and thrust washers for light and heavy automobile engines, two wheeler engines as well as for compressors and for refrigerators, air conditioners and other types of internal combustion engines. Various products of the company are exported to Europeon countries, Isreal, Egypt, U.K. U.S.A., Turkey, Middle East & African countries.

Shares of the company closed down Rs 0.30, or 0.45%, at Rs 66.30. Total volume of shares traded at the BSE was 2,634.

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