Three promoters sold 16,43,818 shares of Menon Bearings Limited for ₹37.76 Cr at ₹229.68 apiece in the open market, reducing the promoter group stake from 68.44% to 66.67%.
A manufacturer and exporter of auto components, Menon Bearings specializes in precision bearings and related products for the automotive industry. Incorporated in 1991, the company serves original equipment manufacturers and aftermarket customers across domestic and international markets. Its commitment to quality engineering, technical expertise, and reliable supply chain management distinguishes it within the competitive automotive components sector.
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