(February 23, 2011)

The city-based FAG Bearing India Ltd has announced an interim dividend at Rs 5 per equity share. This declaration came at the board of directors meeting, which was held on February 17, 2011.

FAG Bearings India Limited was formaly known as FAG Precision Bearings Limited. The company engages in the manufacture and sale of ball/roller bearings and related components primarily in India.
It offers deep groove, fourpoint, and self aligning ball bearings, as well as cylindrical roller, spherical roller, and tapered roller bearings.

The company’s products are used in automotive, mechanical, electrical engineering, and railway industries. It exports its products to Europe, the United States, Asia, and Africa.

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