|₹99.45 / ₹49.6|
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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.