StockWatch
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Abrasives & Bearings
Shareholding13 Jun 2026, 11:00 am

NRB Bearings: Harshbeena Sahney Zaveri Releases Pledged Shares

AI Summary

Harshbeena Sahney Zaveri, a promoter of NRB Bearings Limited, has disclosed the release of pledged equity shares. A total of 7,120,000 shares were unpledged on June 11, 2026, and an additional 13,100,000 shares were unpledged on June 12, 2026. These releases are attributed to the pre-payment of loans and the subsequent release of related pledges. Following these actions, the promoter's encumbered shareholding has significantly reduced.

Key Highlights

  • Promoter Harshbeena Sahney Zaveri released pledged shares.
  • Total of 20,220,000 shares unpledged.
  • Releases due to loan pre-payment.
  • Promoter's encumbered holding reduced.
  • Disclosure filed under SEBI Takeover Regulations.