Announced Fri, 18 Sept · 10:11 IST
Promoter Harshbeena Zaveri releases 23 lakh pledged shares of NRB Bearings
NRBBEARING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+11.2%1-day move
₹472.10
prior close
₹503.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.5+0.2+0.8+1.5+11.2—————————
Up moveDown movePending
AI summary
Promoter Harshbeena Sahney Zaveri released 23,00,000 pledged shares (2.37% of capital) of NRB Bearings on September 16, 2026. Reason given: pre-payment of loan and release of pledged shares held by Tata Capital Limited. Her promoter holding stands at 4,01,80,885 shares (41.46%). Encumbered shares reduced from 53,00,254 (5.47%) to 30,00,254 (3.10%). Other promoter group members report nil encumbrance.
Likely market impact
Pledge release signals promoter debt reduction, lowers risk of forced share sale. Generally positive for stock sentiment.