About us
Corporate Governance
Code of Conduct
The Board of Directors (the “Board”) of National Engineering Industries Limited (the Company) has adopted following Code of Business Conduct and Ethics (the “Code”) for Directors, and employees of the Company. This Code is intended to focus on the Board members, and employees on areas of ethical risk, integrity and honesty, providing guidance to help them organize and deal with ethical issues, mechanisms to report unethical / dishonest conducts and help foster a culture of honesty, integrity and accountability. The Code is essential so that the Company conducts its business in accordance with its stated values and all other policies / rules as stated from time to time. The Code as approved by the Board and subsequent amendments thereto by the Board shall be posted on the website of the Company.
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Whistle Blower Policy
The Company is committed to adhere to the highest standards of ethical, moral and legal conduct of business operations. To maintain these standards, the Company encourages its employees and Directors who have genuine concerns about suspected misconduct to come forward and express these concerns without fear of punishment or unfair treatment. This Policy aims to provide an avenue for employees and Directors to raise concerns of any violations of legal or regulatory requirements, incorrect or misrepresentation of any financial statements and reports, improper misconduct, unethical behaviour etc.
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Sexual Harassment
Policy Against Sexual Harassment of Women at Workplace NEI is committed towards developing and maintaining a healthy, congenial and safe work environment, enabling all the women employees to work in an environment free of sexual harassment, exploitation, violence and intimidation of any manner. It aims to promote a healthy and congenial working environment for its women employees irrespective of gender, caste, creed or social class of the employees. We value each individual and are committed to protect the dignity and respect of each individual. Any act of sexual harassment against women will invite serious disciplinary action. We here at NEI strongly believe in a demeanor where each employee deals with all the women with full fairness, dignity and respect and realize that his/her behavior will be affecting the women and the Company’s inward and outward reputation
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Equal Opportunity
Equal Opportunity Employer This policy is applicable to all the permanent, temporary, fixed, contractual and outsourced employees of NEI. All employees involved in the process of hiring and selection are responsible for complying with the policy.
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Remuneration Policy
The remuneration policy (“Policy”) for the non-executive Directors (including independent Directors) (“Non-Executive Directors”) on the Board of Directors (“Board”), and the key managerial personnel (i.e., President & Chief Executive Officer or Managing Director or Manager, the Company Secretary, Whole-time Director, Chief Financial Officer and the heads of the various business units and such other officer as may be prescribed under the Act) (“Executives”) of National Engineering Industries Limited (“Company”) reflects the interests of the shareholders and the Company.
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Terms & conditions of appointment of independent directors of the company
Terms and Conditions of Appointment of Independent Directors of the Company in accordance with the applicable provisions of the Companies Act, 2013 and the Rules made thereunder.
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Annual Return as per Section 92 (3) of the Companies Act’ 2013
Extract of annual return as on the financial year ended 31st march, 2019 [pursuant to section 92(3) of the companies act, 2013 and rule 12 (1) Of the companies (management and administration) rules, 2014]
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Bio-Medical Waste Management Rules, 2016
Annual submission of documents under Bio-Medical Waste (Management & Handling) Rules, 2016. This contains the submitted documents to the Rajasthan State Pollution Control Board, Jaipur.
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Annual submission of documents under Bio-Medical Waste (Management & Handling) Rules, 2016. This contains the submitted documents for plant in Savli, Gujarat. Download Here
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With Happy Customers
With Happy Customers
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Insight And Trends
Follow our latest news and thoughts which focuses exclusively on insight, industry trends, tip news headlines.
Press Release
NBC makes the cover of Engineering Review’s April 2022 issue.
The cover story features Rohit Saboo, our President and CEO, who explains how NBC’s legacy and future planning helps it to be at the forefront
Press Release
NBC bearings unveils brand mascot ‘Runningo’ to represent its long-term sustainable solutions
NBC bearings is the first to launch a brand mascot amongst other players in the industry Jaipur, 1 April 2022: National Engineering Industries Ltd.
Media Coverage
Partnering to Progress Responsibly
Our relationship with Daimler goes back to when its operations started in India. At the same time, supplies of our products started globally to Daimler
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Leadership quotes
Discovering unique solutions to reimagine and reinvent technology from a futuristic
perspective is part of NEI’s best practices. Taking pride in unleashing the potential of innovative
minds through informal education, we encourage our employees to share their exclusive ideas
on our Idea portal, and we host the ‘Idea Factory’ contest for budding engineers currently
studying in different universities—fostering independence of thought.
In the rapidly evolving business scenario, it is important to understand that everything would evolve
but the only constant for any business would be its people. So it is important that people keep up
with the times and evolve with changing dynamics. People are the biggest differentiators and the
most important asset for any organisation; a strategy is successful if we have the right people with
us who adapt to the ever-changing scenarios. This thought is well reflected through the efforts
made by NEI towards it’s people practices and culture.
Finance these days is not about record keeping, it is more about working alongside the business and
drive strategy. The world is changing so rapidly and we are going through unprecedented situations.
The key is to keep on top of it and learn. It is all about evolving, innovating and adapting to succeed
in the business world. At NEI, we ensure that we listen to our stakeholders and adjust ourselves to
meet the evolving needs.
As a leading exporter and manufacturer of bearings, with the objective of reducing
energy consumption and improving energy efficiency to lower GHG emissions and Carbon
Footprint, we take a leap forward in leveraging opportunities to expedite the transfer and diffusion
of environment-friendly and clean-energy technology.
We are committed to grow our customer base across the 5 continents we currently serve. With our
subsidiary Kinex in Europe, we are even closer to our international customers. Our major focus is
towards investing in quality of products, people and technology. We have chalked out our growth
plans and will keep working towards expanding our portfolio based on the evolving landscape of the
industry and ofcourse, the needs of our customers.
The imprint of transformational leadership in our day-to-day operations in offering
flexible solutions even amidst crisis stands out as one of NEI’s core strengths. Putting employees
first on our list of priorities and working in harmonious alliance adds to our spirit of maintaining a
healthy and productive work environment. We rejoice at keeping up a vision that guides change
through inspiration as we make our way through the extended new normal.
We are delving our feet into the aerospace and defence industries. We consider this as an excellent
time to enter this segment, given the present focus is on ‘Atmanirbhar Bharat’ which will lead to
lower import dependency for the companies in these segments. We have been engaged with a
number of aerospace businesses and have learnt that there is a lot of room for a local player to
proactively work with them from concept to production.
Our nation is at the cusp of greatness , If India plays it's cards well , then this decade and the next one could belong to our nation , NEI leadership is fully geared to perform it's role in this transformation .
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