Menon Bearings Ltd announces resignation of Chairman

Due to age, Mr. Ram Menon has not been able to attend Board meetings and has stepped down as Chairman and resigned as Director of Menon Bearings Ltd. Shares of MENON BEARINGS LTD. was last trading in BSE at Rs.71 as compared to the previous close of Rs. 72.3. The total number of shares traded during the day was 737 in over 14 trades. The stock hit an intraday high of Rs. 73.05 and intraday low of 70.95. The net turnover during the day was Rs. 52622.