Shareholding13 Jun 2026, 11:30 am
NRB Bearings: Promoter Releases 69 Lakh Shares from Pledge
AI Summary
NRB Bearings Limited announced the release of 69,00,000 equity shares from pledge by promoter Ms. Harshbeena Sahney Zaveri. The release, effective June 11, 2026, was due to the pre-payment of a loan. An additional 1,27,00,000 shares were also unpledged on June 12, 2026, for similar reasons. These actions reduce the total encumbered promoter holding, impacting the overall shareholding structure.
Key Highlights
- Promoter Harshbeena Sahney Zaveri released 69 lakh shares from pledge.
- Release attributed to pre-payment of loans.
- Additional 1.27 crore shares unpledged on June 12.
- Impacts promoter shareholding and pledge levels.
- Disclosure made under SEBI (SAST) Regulations, 2011.
Price Impact
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