Shareholding27 May 2026, 07:22 pm
NRB Bearings: Promoter Unpledges 13.84 Lakh Shares
AI Summary
NRB Bearings Ltd. announced the release of 13,83,839 pledged equity shares by Trilochan Singh Sahney Trust – 1 on May 27, 2026. This represents 1.43% of the total share capital. The unpledge was due to prepayment of a loan. Post-release, the Trust's encumbered shares stand at 70,000, representing 0.07% of the total share capital. Additionally, the Trust sold shares on May 25, 26 and 27. Other promoters, including Harshbeena Sahney Zaveri, hold significant shares, with a portion encumbered.
Key Highlights
- Trilochan Singh Sahney Trust – 1 released 13,83,839 pledged shares of NRB Bearings.
- The unpledge represents 1.43% of the total share capital.
- The release was due to prepayment of loan by the promoter.
- Harshbeena Sahney Zaveri holds 41.48% of the company, with 31.64% encumbered.
- The remaining encumbered shares of Trilochan Singh Sahney Trust -1 is 0.07%.