StockWatch
·
Abrasives & Bearings
Shareholding13 Aug 2026, 03:24 pm

NRB Bearings: Harshbeena Zaveri Releases 12 Lakh Shares from Pledge

AI Summary

NRB Bearings Ltd announced that Harshbeena Sahney Zaveri, a promoter, has released 12,00,000 equity shares from pledge. This action was taken due to pre-payment of a loan. The shares were unpledged by Tata Capital Limited. Following this release, Harshbeena Sahney Zaveri's promoter holding in NRB Bearings Limited remains at 41.47%, with 5.47% of total share capital now encumbered.

Key Highlights

  • Promoter Harshbeena Sahney Zaveri released 12 lakh shares.
  • Release is due to pre-payment of loan and related collateral.
  • Shares were unpledged by Tata Capital Limited.
  • Promoter holding remains significant at 41.47%.
  • Post-release, 5.47% of promoter shares remain encumbered.