NB Footwear

NB Footwear Limited is a public company based in Vellore, Tamilnadu, established to operate as tanners, manufacturers, and dealers of leather and footwear. Its guiding philosophy centers on strong corporate governance to ensure the efficient running of the company and to maximize value for all its stakeholders. It also seeks to enhance shareholder value by operating within a framework of business ethics, regulatory compliance, and contribution to society. However, the company has discontinued its business activities due to various economic reasons and currently has no operational performance. For the last several years, the company has had no business activity, only incurring essential administrative and legal expenses. Faced with eroded capital from losses, the management is actively looking for opportunities and various options to revive its activities.;