Bimetal Bearings announced that with effect from November 01, 2012, the following changes in the Directorships in the company had come into effect. Mr. S. Narayanan had been appointed as Whole-time Director of the company with effect from November 01, 2012. Mr. N. P. Mani had stepped down as a Whole-time Director as at the close of business hours on October 31, 2012 and continues to serve as a non-executive and non-independent Director on the Board of the company.

Dr. R. Mahadevan had ceased to be a Director of the Company with effect from the close of business hours on October 31, 2012.