SNL Bearings Limited Approves Q1 FY2026 Results and Updates Company Policies

SNL Bearings Limited , a prominent player in the bearings industry, has announced key developments following its recent board meeting. The company's Board of Directors convened on August 6, 2025, to review and approve several important matters.

Quarterly Financial Results

The board approved the unaudited financial results for the quarter ended June 30, 2025, marking the first quarter of the fiscal year 2026. These results were accompanied by a Limited Review Report from the company's statutory auditors, ensuring compliance with regulatory requirements.

Policy Updates

In response to recent amendments in SEBI Regulations and the Companies Act, 2013, SNL Bearings has updated several of its key policies:

Code of Internal Procedures and Conduct

This policy, which regulates, monitors, and reports trading by designated persons and their immediate relatives, has been revised to align with the latest regulatory guidelines.

Related Party Transactions Policy

The company has updated its policy on the materiality of related party transactions and procedures for dealing with such transactions.

Corporate Social Responsibility (CSR) Policy

SNL Bearings has revised its CSR policy, potentially reflecting changes in the company's approach to social responsibility or adapting to new legal requirements.

Materiality of Events Policy

The criteria for determining the materiality of events have been updated, which could impact how the company discloses significant developments to stakeholders.

Transparency and Compliance

The company has demonstrated its commitment to transparency by promptly disclosing the outcome of the board meeting to the BSE Limited. The meeting, which lasted from 4:00 p.m. to 6:45 p.m., covered crucial aspects of corporate governance and financial reporting.

SNL Bearings has also made this information available on its official website ( www.snlbearings.in ), ensuring easy access for shareholders and other interested parties.

The approval of quarterly results and the update of key policies underscore SNL Bearings' dedication to maintaining robust corporate governance practices and adapting to evolving regulatory landscapes. These actions are likely to strengthen the company's compliance framework and enhance its relationship with stakeholders.

As the bearings industry continues to play a crucial role in various sectors, including automotive and industrial manufacturing, SNL Bearings' proactive approach to governance and transparency may position it well in the competitive market landscape.