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SNL Bearings Ltd.

BSE: 505827 Sector: Engineering
NSE: N.A. ISIN Code: INE568F01017
BSE 00:00 | 24 Apr 2020 SNL Bearings Ltd
NSE 05:30 | 01 Jan 1970 SNL Bearings Ltd

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OPEN 130.00
52-Week high 314.90
52-Week low 65.25
P/E 10.16
Mkt Cap.(Rs cr) 53
Buy Price 122.40
Buy Qty 3.00
Sell Price 150.00
Sell Qty 41.00
OPEN 130.00
CLOSE 130.65
52-Week high 314.90
52-Week low 65.25
P/E 10.16
Mkt Cap.(Rs cr) 53
Buy Price 122.40
Buy Qty 3.00
Sell Price 150.00
Sell Qty 41.00

SNL Bearings Ltd. (SNLBEARINGS) - Director Report

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Company director report


The Members SNL Bearings Limited

Your Directors have pleasure in presenting their Thirty-Ninth Annual Report togetherwith Audited Accounts for the year ended 31st March 2019.

1. Financial Results

Year ended 31st March 2019 Year ended 31st March 2018
Rs. in lakhs Rs. in lakhs
Revenue from operations (Net) 4064.17 3831.45
Profit before tax 1140.64 1137.04
Provision for taxation:
Current (net) 321.38 313.94
In respect of earlier years - 3.10
Deferred tax 4.90 -2.02
Profit after taxation 814.36 822.02
Add: Balance brought forward 1467.51 629.91
Add: Other Comprehensive Income for the year -1.64 15.58
2280.22 1467.51
Dividend 180.58 -
Tax on distributed profits 37.12 -
General Reserve - -
Debenture Redemption Reserve - -
Capital Redemption Reserve - -
Outside basis Tax - -
Profit & Loss Account 2062.52 1467.51
Total 2280.22 1467.51

2. Operations

India has remained one of the fastest growing major economies in F.Y. 2018-19 in spiteof pressures from global market conditions with challenges in terms of escalation intariffs and protectionist policies the US-China trade war looming threat of a‘no-deal' Brexit and a slowdown in China. The outlook for F.Y. 2019-20 is alsoclouded with uncertainty after the sharp slowdown across all segments of the Automotiveindustry in H2FY19 the outcome of the general elections and the implementation of BS-VIemission norms.

There is still optimism of an improvement in H2FY20 with India's main driving forcefor economic growth being its strong consumption base and the expected benefit from lowoil prices and the pro-agriculture and pro- infrastructure budget and easing ofinflationary pressures.

Net revenues during the year at Rs. 4064 lakhs (previous year Rs. 3831 lakhs) arehigher by 6% helped by higher volumes and higher income from short term investments.Profit after tax (PAT) at Rs. 814 lakhs (previous year Rs. 822 lakhs) has not kept pacewith top line growth as operating and administrative expenses have been higher.

With the support of the holding company plans are being prepared to increaseproduction capacities which will help in improving our standards of quality and serviceand also give more flexibility and simultaneously enhancing our engineering capabilitiesand people competencies to improve competitiveness for the coming years.

3. Dividend

Directors are pleased to recommend a final equity dividend @ Rs. 5/- per share of Rs.10/- each (Rs. 5 per share for the previous year) involving an outgo of Rs. 217.70 lakhs(inclusive of dividend distribution tax) which shall be payable to members/ beneficialowners as per the Register of Members as on August 01 2019.

Your directors have proposed not to transfer any sum to the General Reserve.

4. Finance

Your Company has been rated ‘CRISIL A1' for the Short-term Bank facilityand the Company's long-term facilities have been rated at ‘CRISIL A/POSITIVE' (Upgradedfrom ‘CRISIL A/ STABLE') as on September 2018. The Company continues to focuson judicious management of its working capital. Receivables inventories and other workingcapital parameters are continuously monitored and the management is working on reducinginventories which arose as a result of the sudden drop in demand in H2 F.Y. 2018-19.

a. Public Deposits

During the year the Company has not accepted any deposits from the public/ Membersunder Section 73 of the Companies Act 2013 read with Companies (Acceptance of Deposits)Rules 2014. As on 31.3.2019 there are no fixed deposits with the Company.

b. Particulars of Loans Guarantees or Investments

During the year under review the Company has not advanced any loans given guaranteesonly certain investments of temporary surplus funds in Mutual Funds has been done withBoard's approval.

5. Directors and Key Managerial Personnel Retirement by Rotation

In accordance with the provisions of Section 152 and the Articles of Association of theCompany Ms. Harshbeena Zaveri (DIN.00003948) will retire by rotation at the ensuingAnnual General Meeting of the Company and being eligible has offered herself forre-appointment. The Board recommends her re-appointment. Her brief profile is forming thepart of the Corporate Governance Report annexed to this report.

Independent Directors Declaration

All independent Directors have submitted the Declaration of Independence as requiredpursuant to Section 149(6) of the Companies Act 2013 and Regulation 16 of the SEBI(Listing Obligations and Disclosure Requirements) Regulations 2015 stating that they meetthe criteria of independence provided therein. The composition of the Board duly meets thecriteria stipulated in Section 152 of the Companies Act 2013 and Regulation 17 of theSEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Board evaluation

For the F.Y. 2018-19 the Board has carried out an annual performance evaluation of itsown and that of its Committees and individual directors using various performanceevaluation criteria on the forms circulated to and filled in by the directors. Thefeedback has been shared and discussed. The independent directors Mr. Jayvardhan DharDiwan Mr. Vivek Sahai and Mr. Claude Alex D'Gama Rose have met separately on 8th March2019 and have conveyed to the Chairman of the Board their satisfaction with the workingof the Board.

Key Managerial Personnel

Pursuant to the provisions of Sections 2(51) 203 of the Companies Act 2013 read withThe Companies (Appointment and Remuneration of Managerial Personnel) Rules 2014 thefollowing are the Key Managerial Personnel:

Mr. Krishnakant Prasad Sinha - General Manager
(Designated as CEO w.e.f. 21.05.2019)
Mr. Ram Narayan Sahu - Manager - Finance & Accounts
(Designated as Finance Head CFO w.e.f. 21.05.2019)
Mr. Kamlesh Sondigala - Company Secretary and Compliance Officer

Familiarization Programme for Independent Directors

In order to familiarize the Independent Directors with the business the Company makesa presentation covering nature and scope of business nature of industry in which Companyoperates profitability and future scope. Regularly at meetings updates are given to theBoard by the Company's Senior Management in areas of operations industry and regulatorytrends competition and future outlook.

Remuneration policy

The Board has on the recommendation of the Nomination & Remuneration Committeeframed a policy for selection and appointment of Directors senior management and theirremuneration. As part of its policy the company strives to ensure that the Remuneration toDirectors KMP's and Senior Management involves a balance between fixed and incentive payreflecting short and long term performance objectives appropriate to the working of theCompany and its goals. The remuneration policy is posted on the company Details of remuneration paid to Directors KMP and the independentDirectors form part of the Corporate Governance Report attached to this Report.


During the year 4 Board meetings and 4 Audit committee meetings were convened and held(details in Corporate Governance Report). The intervening gap between the meetings wasless than 120 days. The date for the next meeting is fixed in advance at the previousmeeting for both board and committee meetings.

6. Subsidiary Associate and Joint Venture Companies

As of March 31 2019 the Company does not have any Subsidiary Associate and JointVenture Companies.

7. Business Risk Management

The Company has in place an enterprise risk management framework to identify risks andminimize their adverse impact on business and strives to create transparency which in turnenhances the Company's competitive advantage. The Company has identified high share ofsales to the holding company as a concern area associated with its operations and isworking towards progressively reducing this share. Another risk to operations arises fromthe expiry of leases in respect of certain portions of the company's factory land andbuildings as the Lessor is under liquidation proceedings by the Official Liquidator in theDelhi High Court. The High Court order could affect operations.

As part of its action plan for risk mitigation the Company has been successfullyimpleaded in the proceedings and has filed its application seeking certain reliefs. Thecompany is hopeful that there will be a favourable outcome to its offer to renew theleases for reasonable terms and at favourable rates.

8. Conservation of energy technology absorption foreign exchange earnings andoutgo

Information pursuant to Section 134(3)(m) of the Companies Act 2013 and Rule no. 8 ofCompanies (Accounts) Rules 2014 are given as below:

a. Measures taken for conservation of energy

During the year based on the recommendations of the CII Energy Audit Team which arebeing implemented in phases at the plant the company is making all efforts forconservation of energy on a continuous basis. During F.Y. 2018-19 Energy Savings wereachieved to the tune of 215360 KWH & Rs. 30.38 lakhs annually by replacing oldblackening furnace of 54 KW with a new furnace of 30 KW old 1000 KVA Transformer with new1000 KVA and transformer installation of SGV + APFC system in HT Line to bring the KVAH inline with KWH (unity).

b. Technology absorption

With the objective of improving productivity as well as quality during the year theCompany has continued its efforts on improvements in process parameters and reduction incycle times. Improvements were made on press machines for manufacturing cage bearings byreduction in set-up time and resetting time. As a result average production quantity hasincreased.

Upgradation of technology is a key focus area and the Company has initiated necessarymapping of its machines with this objective. Human capital development through campusrecruitment of technically qualified personnel and training programmes for upgradingexisting promising engineers has been initiated. All efforts are towards developing lowcost technological solutions.

c. Foreign exchange earnings & outgo for the year ended 31st March 2019

Foreign Exchange Earnings : Export of goods - Rs. 94.5 lakhs
Foreign Exchange Outgo : Raw materials & Components - Rs. 809.05 lakhs
Consumables Spares tools - Rs. 0.66 lakhs
Fixed Assets - Rs. 19.39 lakhs

9. Industrial Relations / Vigil Mechanism

During the year the Company maintained cordial relations with the workmen's unions.Regular training programmes are conducted for imparting understanding of bearing andengineering principles modern manufacturing practices and for change in attitudinal andbehavioral aspects. The Company has formulated and implemented the whistle BlowerPolicy/Vigil Mechanism. This has provided a mechanism for Directors and employees of theCompany and other persons dealing with the Company to report to the Chairman of the AuditCommittee any instance of unethical behavior actual or suspected fraud or violation ofthe Company's code of conduct. More details about this Policy are given in the CorporateGovernance Report which forms part of this Annual Report. The Whistle Blower Policy isavailable on the Company website as

Your Company hereby affirms that no complaints were received during the year.

10. Safety Healthy & Environment

The Company is committed to establish and maintain safe working environment thatpromotes good health and high performance of the employees and simultaneously takesmeasures to protect the environment. Safety behavior is well demonstrated by our employeeswhile working on the shop floor by using personal protective equipments as required. Workforce is trained at regular intervals in preventive aspects of safety and prevention ofwork related accidents.

The Company's plant at Ranchi has been awarded internationally recognized externalcertification viz. ISO14001:2004 (for adherence to environmental processes)OHSAS:18001:2007 (for Health & Safety) and IATF:16949:2015 (quality managementsystem). The Company has adopted new external certification viz. ISO 14001:2015 (Eliminateor Minimize Environmental Impact).

Besides creating general awareness among employees towards environmental protectionthe management encourages initiatives which are targeted towards conserving naturalresources and improvements in resource efficiency across all processes.

11. Corporate Social Responsibility

In line with the activities specified in schedule VII relating Companies Act 2013your company has been focusing on:

Promotion of education

Employment enhancing vocational skills

Promoting social business projects

Contribution to funds set up by Central/State Government's for social economicdevelopment and relief.

For the year ended 31.3.2019 an aggregate amount of Rs. 21.43 lakhs has beencontributed to various organizations doing commendable work for the cause of promotingeducation to the under privileged sections of society-i. Sankalp A Pledge to Changerunning schools providing education to the poor sections of society in slums in and aroundJamshedpur Dhanbad and other backward areas of Jharkhand. ii. Scholarship scheme throughVidyasaarathi (VSS) an online platform operated transparently by TISS (Tata Institute ofSocial Sciences) for needy students particularly in the state of Jharkhand whereCompany's plant is located. iii. Ugam Foundation Runs the Kasturba Gandhi Balika Vidyalaya(KGBV) scheme which was launched by the Government of India in August 2004 for setting upresidential schools at upper primary level for girls belonging predominantly to the SCST OBC and minorities in difficult areas. Currently they are running KGBV in Jharkhand(Hazaribag District) for adolescent girls with the project expected to reach 10 KGBV 150teachers and 3900 girls. At the Company's request the Foundation is working on setting upKGBV in Ratu Ranchi where the plant of the Company is situated. Detailed report on CSRactivities including amount spent is given in Annexure I.

12. Corporate Governance

Pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 aManagement Discussion and Analysis Corporate Governance Report and Auditors' Certificateregarding compliance of conditions of Corporate Governance are made part of the AnnualReport. Details of Board meetings held during the year under review and the composition ofthe various committees are included therein.

The Code of Conduct for directors and Senior Management personnel of the Company asapproved by the Board has been affirmed on an annual basis by all the directors CompanySecretary and the General Manager of the Company. All independent directors have alsosubmitted the declaration of independence confirming that they meet the criteria ofindependence as provided under section 149 of the Companies Act 2013.

The relevant certification on the various matters specified under Regulation 17(8) ofSEBI (LODR) Regulations 2015 has been done by the General Manager as (CEO) and a Directorof the Company with requisite financial expertise as (CFO).

During the year under review the Company has complied with all the applicableSecretarial Standards.

All pecuniary relationships or transactions of the Non-executive directors vis--visthe Company along with criteria for such payments and disclosures on remuneration ofDirectors along with their shareholding are disclosed in Form MGT-9 which forms a part ofthis Report. There are no relationships between the Directors inter-se.

13. Extract of Annual Return

The details forming part of the extract of the Annual Return as required under theCompanies Act 2013 is given in Annexure II.

14. Directors' Responsibility Statement

Pursuant to the requirements under Section 134(3)(c) of the Companies Act 2013 yourDirectors state that: i. in the preparation of annual accounts the applicable AccountingStandards have been followed along with proper explanations relating to materialdepartures if any have been furnished; ii. the accounting policies have been selectedand these have been applied consistently judgments and estimates made thereon arereasonable and prudent so as to give a true and fair view of the state of affairs of theCompany as at 31st March 2019 and of the profit of the Company for the year ended on thisdate; iii. proper and sufficient care for the maintenance of adequate accounting recordshas been taken in accordance with the provisions of the Companies Act 2013 forsafeguarding the assets of the Company and for preventing and detecting fraud and otherirregularities; iv. the Annual Accounts have been prepared on a going concern basis. v.internal financial controls have been laid down and are being followed by the Company andthat such financial controls are adequate and are operating effectively. vi. propersystems to ensure compliance with the provisions of all applicable laws have been devisedand that such systems are adequate and operating effectively.

15. Related Party transactions (RPT)

All RPT that were entered into during the financial year were on an arm's length basisand were in the ordinary course of business. There are no materially significant RPT bythe Company with holding Company Directors key managerial personnel or other designatedpersons other than the same.

All RPT are placed before the audit committee as also the board for approval. Priorapproval of the audit committee is obtained on periodic basis for transactions which areforeseen and repetitive in nature. The compliance of the transfer pricing norms inrelation to such transactions is certified by the tax advisors.

Details of the remuneration/ sitting fees paid to the Directors and KMP as applicableand all transactions appear under Notes to accounts as note no. 34 to the Annual Accounts.The Related Party Transactions Policy as approved by the Board is uploaded on theCompany's website The particulars of contracts or arrangements withrelated parties referred to in Section 188(1) of the Companies Act 2013 in Form AOC-2pursuant to Section 134(3)(h) of the Act and Rule 8(2) of the Companies (Accounts) Rules2014 is attached as Annexure-III to this Report.

16. Internal Control System

There are adequate internal financial controls in place with reference to the financialstatements. The upgraded ERP system provides reports to validate the required internalfinance controls.

Further improvements by way of biometric attendance and linked leave records andpayroll systems are under trials for implementation. The Internal Auditors have beenregularly reviewing the same and their recommendations for improvements have beenincluded in the ERP upgraded implementation. During the year under review these controlswere evaluated and no significant the controls. This formalized system weakness wasidentified of internal control facilitates effective compliance of Section 138 of theCompanies Act 2013 and the Listing Regulations. the adequacy of the internal YourCompany's Statutory Auditors have in their report confirmed control procedures.

17. Particulars of Employees

In terms of the provisions of Section 197(12) of the Act there are no employees of theCompany drawing remuneration in excess of the limits set out in the said provision.

The disclosure pertaining to remuneration and other details as required under Section197(12) of the Companies Act 2013 read with Rule 5(1) of the Companies (Appointment andRemuneration of Managerial Personnel) Rules 2014 are annexed to this report at AnnexureIV.

18. Auditors Statutory Auditor

Appointment of M/s Walker Chandiok & Co. LLP Chartered Accountants as statutoryauditors was approved at the Annual General Meeting held on August 1 2018 for a term offive (5) years upto March 31 2023.

A certificate from the auditors has been received to the effect that their appointmentis within the limits prescribed under section 139 of the Companies Act 2013.

Cost Auditor

Pursuant to the provisions of Section 148 of the Companies Act 2013 and the Companies(Cost Records and Audit) Rules 2014 the products manufactured by the Company andbased on the criteria laid down under the aforesaid rules Cost Audit is not applicable toyour Company. However from F.Y. 2018-19 maintenance of prescribed Cost records isapplicable to your Company and accordingly such accounts and records are made andmaintained by the Company.

Secretarial Auditor

The Board had appointed Mr. Upendra Shukla Company Secretary in whole-time practiceto carry out Secretarial Audit under the provisions of Section 204 of the Companies Act2013 for the Financial Year 2018-19. The report of the Secretarial Auditor is annexed tothis report as Annexure V.

Explanation or Comments on disqualifications reservations adverse remarks ordisclaimers in the auditor's reports

There have been no disqualifications reservations adverse remarks or disclaimers inthe auditor's reports requiring explanation or comments by the Board.

19. Material changes and commitments if any affecting the financial position ofthe Company

There are no material changes and commitments affecting the financial position of theCompany which have occurred between the close of the financial year on March 31 2019 towhich the financial statements relate and the date of this Report.

20. Significantand Material Orders passed by the Regulators or the Courts or theTribunals

There are no orders passed by the Regulators or Courts or Tribunals impacting the goingconcern status of the Company's operation.

21. Change in nature of business

During the year under review there was no change in the nature of the business carriedon by the Company.

22. Disclosure under Sexual Harassment of Women at the Workplace (PreventionProhibition and Redressal) Act 2013

In accordance with the provisions of the Sexual Harassment of Women at the Workplace(Prevention Prohibition and Redressal) Act 2013 the Company is not required to setupInternal Complaints Committees (ICC) to redress complaints as the Company has no womenemployees.

During the year under review there were no complaints received.

23. Acknowledgements

The Board wishes to acknowledge and express their gratitude for the whole heartedsupport and cooperation extended by the Shareholders NRB management group Company'sbankers customers suppliers and all employees of the Company for their efforts.

On behalf of the Board
Harshbeena Zaveri
Place : Mumbai
Date : May 21 2019

Annexure III Form No. AOC-2

(Pursuant to clause (h) of sub-section (3) of section 134 of the Act and Rule 8(2) ofthe Companies (Accounts) Rules 2014)

Form for disclosure of particulars of contracts/arrangements entered into by thecompany with related parties referred to in sub-section (1) of section 188 of theCompanies Act 2013 including certain arms length transactions under third proviso thereto

1. Details of contracts or arrangements or transactions not at arm's length basis: NotApplicable

(a) Name(s) of the related party and nature of relationship: N.A.
(b) Nature of contracts/arrangements/transactions: N.A.
(c) Duration of the contracts / arrangements/transactions: N.A.
(d) Salient terms of the contracts or arrangements or transactions including the value if any: N.A.
(e) Justification for entering into such contracts or arrangements or transactions: N.A.
(f) date(s) of approval by the Board: N.A.
(g) Amount paid as advances if any: N.A.
(h) Date on which the special resolution was passed in general meeting as required under first proviso to section 188: N.A.

2. Details of material contracts or arrangement or transactions at arm's lengthbasis (a) Name(s) of the related party and nature of relationship:

i) NRB Bearings Limited Holding Company
ii) NRB Bearings (Thailand) Limited Fellow Subsidiary

(b) Nature of contracts/arrangements/transactions:

i) NRB Bearings Limited - Sale of Finished Goods;
Purchase of Raw Materials;
Reimbursement of expeness on behalf of the Company
ii) NRB B earings (Thailand) Limited - Sale of Finished Goods;
Sales Commission;

(c) Duration of the contracts / arrangements/transactions:

Ongoing Related Party Transactions.

(d) Salient terms of the contracts or arrangements or transactions including the valueif any:

1) Salient terms of Contract/ arrangements/ transaction: As mentioned below:

Name of the Related Parties Nature of Contract/ arrangements/ transactions Salient Terms of Contract/ arrangements/ transactions
1 NRB Bearings Limited Sale/ Purchase of Goods As per Purchase Orders placed for their requirements of Raw Materials Components and Finished Products.
2. NRB Bearings (Thailand) Limited Sale of Finished Goods As per Purchase Orders placed for their requirements of Components and/or Finished Products.

2) Value of the transactions with the related parties:

As mentioned below:

(Rs. in lakhs)
i) NRB Bearings Limited Sale of Finished Goods 1654.33
Purchases of Raw Materials 52.00
ii) NRB Bearings (Thailand) Limited Sale of Finished Goods 36.00


(e) Date(s) of approval by the Board if any: i) 17th May 2018
ii) 1st August 2018
iii) 30th October 2018
iv) 30th January 2019
(f) Amount paid as advances if any: Not Applicable

For and on behalf of the Board of Directors

SNL Bearings Limited

Harshbeena Zaveri


Place : Mumbai

Date : May 21 2019

Annexure IV Disclosure of Remuneration under Section 197 (12) of Companies Act 2013and Rule 5(1) of the Companies (Appointment And Remuneration) Rules 2014.


a. The ratio of the remuneration of each director to the median remuneration of theemployees of the company for the financial year 2018-19;

Name of Directors Remuneration Median Remuneration Ratio
(Rs. in lakhs) (Rs. in lakhs)
Ms. Harshbeena Zaveri 4.80 3.85 1.25
Non-Executive Non-Independent Director
Mr. Satish Rangani 4.00 3.85 1.04
Non-Executive Non-Independent Director
Mr. J S Maini 1.50 3.85 0.39
Non-Executive Independent Director
(resigned w.e.f. 22.01.2018)
Mr. Jayavardhan Dhar Diwan 5.00 3.85 1.30
Non-Executive Independent Director
Mr. Vivek Sahai 3.40 3.85 0.88
Non-Executive Independent Director
Mr. Arvinder Singh Kohli 0.75 3.85 0.19
Non-Executive Non-Independent Director
Mr. Claude Alex D'Gama Rose 1.25 3.85 0.32
Non-Executive Non-Independent Director

* No remuneration is paid except Sitting fees and Commission.

b. The percentage increase in remuneration of each director Chief Financial OfficerChief Executive Officer Company Secretary or Manager if any in the financial year2018-19;

Name of Directors Percentage increase in remuneration in the Financial year.
Ms. Harshbeena Zaveri NA
Non-Executive Non-Independent Director
Mr. Satish Rangani NA
Non-Executive Non-Independent Director
Mr. Jayavardhan Dhar Diwan NA
Non-Executive Independent Director
Mr. Vivek Sahai NA
Non-Executive Independent Director
Mr. Arvinder Singh Kohli* NA
Non-Executive Non-Independent Director
Mr. Claude Alex D'Gama Rose** NA
Non-Executive Non-Independent Director
Mr. Kamlesh Sondigala 0.00
Company Secretary
Mr. KKP Sinha 11%
General Manager (CEO)

* Mr. KKP Sinha General Manager Redesignated as CEO w.e.f. 21st May 2019.

c. The percentage increase in the median remuneration of employees in the financialyear;

The median remuneration of employees of the Company was increased by 3% during thefinancial year 2018-19. (from Rs. 3.74 lakhs to Rs. 3.85 lakhs p.a.). d. the Company has163 number of permanent employees on the rolls of company as on 31 March 2019;

e. Average percentile increase already made in the salaries of employees other than themanagerial personnel and its comparison with the percentile increase in the managerialremuneration and justification thereof.

Average percentile increase in the salaries of employees other than ManagerialPersonnel is 5% while increase in the Managerial Remuneration is 9%. Average increase inthe remuneration of the employees other than the Managerial Personnel and that of theManagerial Personnel is in line with the industry practice and is within the normal range.

f. The remuneration is as per the remuneration policy of the company.

For and on behalf of the Board of Directors
SNL Bearings Limited
Harshbeena Zaveri
Place : Mumbai
Date : May 21 2019

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