Abrasives & Bearings
Acquisitions9 April 2026 at 02:50 am

Trilochan Singh Sahney Trust Acquires 1.14% Stake in NRB Bearings Ltd via Off-market Pledge

AI Summary

Trilochan Singh Sahney Trust has acquired 1,108,325 shares of NRB Bearings Ltd, representing 1.14% of the total share capital, through an off-market pledge. The acquisition took place between March 27, 2026 and April 7, 2026. The trust previously held 3.90% of the shares in the nature of encumbrance, and after the acquisition, their encumbered shares now represent 5.04% of the total share capital. The total diluted share capital of NRB Bearings Ltd after the acquisition is 96,922,600 Equity Shares of Rs. 2/- each.

Key Highlights

  • Trilochan Singh Sahney Trust acquires 1.14% stake in NRB Bearings Ltd
  • Acquisition made through off-market pledge of 1,108,325 shares
  • Shares encumbered increased from 3.90% to 5.04%
  • Acquisition took place between March 27, 2026 and April 7, 2026
  • NRB Bearings Ltd's total diluted share capital after acquisition: 96,922,600 Equity Shares of Rs. 2/- each