
Shareholding25 Sept 2026, 05:51 pm
NRB Bearings: Promoter Harshbeena Zaveri Releases 7.00 Lakh Shares
AI Summary
NRB Bearings Limited announced that promoter Harshbeena Sahney Zaveri has released 700,254 pledged equity shares. This reduction in encumbrance is due to the prepayment of a loan. The promoter had previously pledged 2,300,000 shares with Tata Capital Limited and subsequently unpledged 3,000,254 shares, resulting in a net reduction of 700,254 shares. This action lowers the promoter's overall pledged shareholding.
Key Highlights
- Promoter Harshbeena Zaveri released 700,254 pledged shares.
- Release is due to loan prepayment.
- Overall pledged shares reduced by 700,254.
- Disclosure filed under SEBI (SAST) Regulations, 2011.
Price Impact
More from NRBBEARING